Saudi oil exports to jump 500K bpd as output rises and local demand fades

Saudi Arabia is releasing 500,000 extra barrels of crude per day into the market this month. The reason? Production is going up, and the need to burn oil at home is falling fast now that summer is cooling down. This comes at a time when global traders are already worried the oil market is heading […] source: https://www.cryptopolitan.com/saudi-oil-exports-to-jump-500k-bpd/