Saudi Arabia: More Refining, More Burn, Less Exports (% Share Of Crude Production)

>  Saudi Arabia saw record refining runs of 2.17mn b/d in August as the 400,000 b/d Satorp plant continued to ramp up to full capacity. Throughputs are set to rise further in the coming months with a second 400,000 b/d plant, Yasref, starting up in late September.

>  Increased domestic refining has cut into the crude volumes available for export: crude exports at 6.66mn b/d were the lowest...