Crude oil exports from key Middle East producers rose to 12.8 million barrels per day in September, the highest since the Iran war began in February, Kpler data showed. Saudi exports reached about 5.4 million barrels per day, up from 2.446 million in August.
Crude oil exports from key Middle East producers rose to 12.8 million barrels per day in September as Saudi Arabia and the United Arab Emirates boosted shipments. Exports via the Strait of Hormuz were set to reach about 7.4 million barrels per day, while regional exports remained about 6 million barrels per day below February’s 18.8 million.
Saudi Arabia was on track to ship about 5.4 million barrels per day, up from 2.446 million in August. Shipments from Ras Tanura rose to about 3.6 million barrels per day from 929,000 in August, but remained below February’s 6.411 million.
Nineteen very large crude carriers, each carrying 2 million barrels of Saudi oil, exited the Strait of Hormuz last week. The figures exclude vessels that may have crossed with their Automatic Identification System transponders turned off.
