Saudi Arabia Crude Exports Fall to 6 Million Barrels Per Day in April

FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File Photo
FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File Photo
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Saudi Arabia Crude Exports Fall to 6 Million Barrels Per Day in April

FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File Photo
FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File Photo

Saudi Arabia's crude oil exports fell to 6 million barrels per day from 6.413 million bpd in March, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
The decline in Saudi exports comes in line with the OPEC+ agreement to cut production, in order to maintain market stability.
OPEC+ has implemented a series of output cuts since late 2022 to support the market amid rising output from the United States and other non-member producers and worries over demand as major economies grapple with high interest rates.
OPEC+ members are currently cutting output by a total of 5.86 million barrels per day (bpd), or about 5.7% of global demand. Those include 3.66 million bpd of cuts, which were due to expire at the end of 2024, and voluntary cuts by eight members of 2.2 million bpd.
On June 2, OPEC+ agreed to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US production.
OPEC+ will also gradually phase out the cuts of 2.2 million bpd over the course of a year from October 2024 to September 2025. Eight countries, including Russia, had already pledged to cut production.
Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) to the Joint Organizations Data Initiative (JODI), which published them on its website.



Neymar Still Out of Brazil Squad for World Cup Qualifiers against Venezuela and Uruguay

 Soccer Football - Saudi Pro League - Al-Hilal v Al-Taawoun - Kingdom Arena, Riyadh, Saudi Arabia - October 26, 2024 Al-Hilal's Neymar poses for a picture in the stands during the match. (Reuters)
Soccer Football - Saudi Pro League - Al-Hilal v Al-Taawoun - Kingdom Arena, Riyadh, Saudi Arabia - October 26, 2024 Al-Hilal's Neymar poses for a picture in the stands during the match. (Reuters)
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Neymar Still Out of Brazil Squad for World Cup Qualifiers against Venezuela and Uruguay

 Soccer Football - Saudi Pro League - Al-Hilal v Al-Taawoun - Kingdom Arena, Riyadh, Saudi Arabia - October 26, 2024 Al-Hilal's Neymar poses for a picture in the stands during the match. (Reuters)
Soccer Football - Saudi Pro League - Al-Hilal v Al-Taawoun - Kingdom Arena, Riyadh, Saudi Arabia - October 26, 2024 Al-Hilal's Neymar poses for a picture in the stands during the match. (Reuters)

Neymar is back in action after more than a year out due to a torn ACL but he won’t be playing in Brazil’s last two World Cup qualifiers this year.

Brazil coach Dorival Júnior did not include the star striker in his squad on Friday for matches at Venezuela on Nov. 14 and against Uruguay five days later.

Neymar returned for Saudi Arabia club Al-Hilal on Oct. 21 in the AFC Champions League Elite.

Júnior said he’s talked to Neymar three times in the last two months and the striker wanted to play for the national team.

“He is fully recovered, but he has had just a few minutes of play, and that was a big reason,” Júnior said. “By next year, he will have had more time playing, he will totally recover his confidence.”

Júnior also left out teenage striker Endrick.

Brazil is fourth in South American qualifying, six points behind leader Argentina after 10 rounds. The top six teams secure automatic berths in the 2026 World Cup.

Brazil:

Goalkeepers: Weverton (Palmeiras), Bento (Al-Nassr), Ederson (Manchester City).

Defenders: Danilo (Juventus), Vanderson (Monaco) Abner (Lyon), Guilherme Arana (Atletico Mineiro), Murillo (Nottingham Forest) Éder Militão (Real Madrid), Gabriel Magalhães (Arsenal), Marquinhos (Paris Saint-Germain).

Midfielders: André (Wolverhampton), Bruno Guimarães (Newcastle), Gerson (Flamengo), Lucas Paquetá (West Ham), Andreas Pereira (Fulham), Raphinha (Barcelona).

Forwards: Rodrygo (Real Madrid), Vinicius Júnior (Real Madrid), Luiz Henrique (Botafogo), Igor Jesus (Botafogo), Estêvão (Palmeiras), Savinho (Manchester City).