Saudi Port May Have Loaded 9.4 Million Barrels a Day
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Oil tankers able to haul a combined 9.4 million barrels a day went to the Saudi Arabian crude-export terminal at Ras Tanura in the latest week, ship-tracking data compiled by Bloomberg show.
Vessels with a combined capacity of 8.98 million deadweight tons arrived at the port in the week to April 21, compared with 11.3 million tons a week earlier, the data show. To estimate that tonnage in terms of barrels a day, the figure was multiplied by 7.33 to calculate the total barrels and then divided by seven, the number of days in the period.