SAUDI DATA: April crude oil exports rise to 23-month high, but inventories build

Saudi Arabia’s crude exports continued to rise in April, hitting their highest level in 23 months, according to the latest figures from the Joint Organizations Data Initiative, but the country still put barrels into storage as not all of its production reached the market. Saudi Arabia exported 7.382 million b/d in April, the JODI data published June 20 showed, up…