The Kingdom of Saudi Arabia intends to increase crude oil exports to 10.6 million barrels per day starting in May.
According to Reuters, an official at the Saudi Ministry of Energy said: This increase comes as a result of the replacement of natural gas produced from the Al-Fadhili field, the petroleum that was consumed for the purpose of producing electricity, in addition to the decrease in domestic demand for oil derivatives, due to the decrease in transport traffic due to the precautionary measures taken to confront Corona virus spread.