Highlights Direct crude burn at nine-month high Refined product exports highest since May 2020 Kingdom unwinding extra output cuts Saudi Arabia’s exports of crude oil in June rose to a five-month high, figures from the Joint Organizations Data Initiative showed, as the kingdom continued unwinding its voluntary extra production cut. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The OPEC kingpin exported 5.965 million b/d in June, up from 5.649 million b/d in May to the highest since January, according to the JODI data Aug. 19. Saudi Arabia in February began cutting an extra 1 million b/d of its crude production to help support oil prices, but has been boosting output since May and added another 373,000 b/d in June with the market steadily recovering from the pandemic. June production stood at 8.927 million b/d, the JODI data showed, compared with its quota […]