Saudi Arabi’s oil exports have declined in February 2019 for the third consecutive month, according to the Joint Organizations Data Initiative’s (JODI) data, Mubasher reported.

The level of Saudi crude oil exports has declined by around 432,000 barrels per day (b/d), reaching 8.44 million b/d in February, down from 8.87 million b/d a month before.

Additionally, crude exports declined to 6.98 million b/d, yet petroleum product exports reached 1.46 million b/d.

Meanwhile, crude inventories increased to 204.

57 million b/d in February, up from 200.83 million b/d in January.