Oil reserves in Saudi Arabia rose to its highest in 13 years


Moscow. October 19. Commercial crude oil inventories in Saudi Arabia rose in August to its 326,6 million barrels and reached the highest level since 2002, according to Bloomberg.

According to a Joint initiative on oil statistics (Joint Organisations Data Initiative), in July this figure was 320,2 million barrels.

The exports of the world’s largest exporter of oil in August, exports fell from 7.27 million to 7 million barrels a day.

The crude oil reserves of the country are at record levels from may 2015. In June reached a record indicator of oil production from 1980 to 10.56 million barrels per day.