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Gulf oil flows rebound to 81%

Gulf oil flows rebound to 81%

Oil flows from the Gulf region, excluding Iran, recovered to approximately 81% of their pre-war levels in September, supported by a rebound in Saudi exports despite infrastructure attacks. Data showed an increase in crude oil and condensate exports from Saudi Arabia, the UAE, and Iraq to around 14.7 million barrels per day, up from 10.8 million barrels in August. Saudi Arabia led the increase, boosting its shipments by about 4.2 million barrels per day. Despite challenges such as the shutdown of the East-West pipeline and the impacts of attacks on Saudi Arabia's oil infrastructure, the recovery in flows reflects the region's resilience and ability to maintain high levels of oil exports.

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