Saudi Production Falls to 2.436mn b/d in May 

MEES is reliably informed that Saudi Arabia's crude oil production averaged only 2,436,008 b/d for the month of May. This figure includes production by Aramco and Getty Oil (Neutral Zone onshore) but excludes deliveries made on behalf of Iraq under the current time-swap arrangements (mainly from the offshore Neutral zone).

The May figure - representing the lowest monthly output in Saudi Arabia since the mid-1960's -...