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Saudi’s April crude output at 10.308 mln bpd

The amount of crude oil being pumped by Saudi Arabia is a sign of strong demand.

Published: Updated:

Top oil exporter Saudi Arabia pumped 10.308 million barrels of oil per day in April, a sign of strengthening global demand, a Gulf industry source told Reuters on Tuesday.

The amount of crude supplied to the market was 10.360 million bpd, the source said.

“This is an indication of strong demand, especially from Asia, as well as increasing domestic consumption during summer,” the source said.

The OPEC heavyweight produced 10.29 million bpd in March.

Supply to the market, both domestically and for export, may differ from production depending on the movement of barrels in and out of storage.