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flag Saudi Arabia's crude oil exports fell to 5.74 million barrels per day in July, the lowest in 11 months, due to increased domestic use.

flag In July, Saudi Arabia's crude oil exports fell to 5.74 million barrels per day, the lowest level in 11 months, down 5.1% from June. flag This decline is attributed to increased domestic crude use for power generation amid high summer temperatures. flag Conversely, production rose to 8.94 million bpd. flag To boost demand in Asia, the kingdom reduced October prices for Arab light crude, responding to weakened demand forecasts from OPEC and the International Energy Agency.

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