Saudi crude oil exports reached 7.38 million barrels per day

 Saudi Arabia's crude oil exports rose for a second consecutive month to the highest level in more than two years in July, data from the Joint Organization Data Initiative (JODI) showed.

According to Arab News, the country's top crude oil exporter rose 2.5 percent to 7.38 million barrels per day in July.

The data report said that this export is the highest since April 2020. Oil exports in June were recorded at 7.20 million barrels per day.

Saudi Arabia remained the third largest supplier of oil to India in July, while China remained the largest exporter during the first half of this year.

Saudi production also rose to 10.815 million barrels per day from 10.646 million barrels per day last month, a two-year high.

Saudi Arabia's exports of oil products in July were 1.429 million barrels per day.

Earlier this month, the Organization of the Petroleum Exporting Countries and its allies, led by Russia, agreed to cut output to prop up oil prices, which have been dampened by fears of an economic slowdown.