Saudi crude exports rise to 7.60 mln bpd in August

Oct 17 (Reuters) - Saudi Arabia's crude oil exports rose for a third straight month in August to their highest in more than two years, data from the Joint Organisation Data Initiative (JODI) showed on Monday.

Crude exports rose nearly 3% to 7.60 million barrels per day (bpd) in August- the highest since April 2020 - from 7.38 million bpd in July.

The world's largest oil exporter's crude output rose to 11.051 million bpd in August from 10.815 million bpd in the previous month.

OPEC+, which groups members of the Organization of Petroleum Exporting Countries and allies including Russia, agreed to cut their output target by 2 million barrels per day (bpd) at a meeting in Vienna earlier this month. read more

Saudi Arabia's domestic crude refinery throughput rose 38,000 bpd to 2.801 million bpd in August while direct crude burn rose 3,000 bpd to 664,000 bpd.

Monthly export figures are provided by Riyadh and other OPEC members to JODI, which publishes them on its website.

Reporting by Brijesh Patel and Arpan Varghese in Bengaluru Editing by David Goodman, Kirsten Donovan

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