VOL. XLVI

No 34

25-August-2003

SAUDI ARABIA

SUPPLY/DEMAND

Saudi Supplies To US At Record Level In 2Q03

Saudi crude oil deliveries to the US averaged more than 2mn b/d during 2Q03, reaching a new record quarterly level according the Energy Information Administration (EIA) of the US Department of Energy. In its report Crude Oil and Total Petroleum Imports: Top 15 Countries, published on 13 August, the EIA observes that total US crude oil imports averaged 9.906mn b/d in June, a decrease of 172,000 b/d...