Channel nujaba space agencies
Russia announced that it has kept oil production cuts at 300 thousand barrels per day, while official data issued by the Foundation revealed (JODI), which monitors oil data, rising Saudi crude oil exports to 7.232 million barrels a day last March, by 4%, compared with 6 0.957 million barrels per day in February.
Those data showed that Saudi Arabia's exports of crude oil fell last March, to 7.23 million barrels per day compared to about 7.54 million barrels per day in March 2016 and indicated that the production of the Kingdom was the largest crude exporter in the world last March, 9.9 million barrels per day , compared to about 10.22 million barrels per day during the month of March 2016.
Saudi Arabia's record of domestic consumption of oil a slight decline recorded during the month of March 2017 to reach 2.67 million barrels, compared to about 2.68 million barrels during the month of March 2016, according to that data.
The Russian energy minister, "Alexander Novak" has told reporters that Russia keeps oil production cuts at 300 thousand barrels per day.
He added: We have heard that the level of production cut will remain at 300 thousand barrels per day at the end of last April, we will stay at this level.