first time .. Russia goes beyond Saudi Arabia in oil production[/size] Twilight News
3 hours ago
(Reuters) - In December 2018, Russia ranked second in terms of oil production by 10.738 million bpd, overtaking Saudi Arabia, while the United States was in the lead, joint oil data Jodi reported on Monday.
The United States produced an average of 11.658 million barrels of oil a day in December, remaining the largest oil producer, according to the Judy report. Third place went to Saudi Arabia with a production volume of 10.643 million barrels per day.
Production in Russia, according to JUDI figures, rose 0.08 per cent from November, while in the United States it fell by 0.3 per cent and in Saudi Arabia by 4.06 per cent.
Saudi oil exports in December fell 6.65 per cent on a monthly basis to 7.687 million bpd and the United States by 0.17 per cent to 2.407 million bpd.
Russian data were not reported, but at the same time data showed that Russia exported in November, 5.615 million barrels per day, and in October - 5.268 million barrels.
Refining in US refineries in December rose 2.51 per cent from the previous month to 17.5 million barrels per day, while oil refining in Saudi Arabia fell 5.36 per cent from November to 2.684 million bpd.
Refining in Russia's refineries rose 1.35 percent from a month earlier to 6.002 million bpd.