24 Hrs
Source:
معلومات مباشر
Saudi oil exports rise 80% in September
The article highlighted a significant increase in Saudi Arabian oil exports in September 2026, reaching approximately 6.13 million barrels per day, an increase of nearly 80% compared to August. This brought exports close to pre-war levels, despite the East-West pipeline being shut down for most of the month due to an attack. The rise was driven by increased shipments through the Strait of Hormuz, with flows reaching around 4 million barrels per day after Saudi Arabia redirected some of its shipments to Gulf ports, while shipments through the Red Sea port of Yanbu declined. Saudi Aramco increased the operation of the East-West pipeline to about 6 million barrels per day, more than 80% of its capacity, allowing for the export of roughly 4.5 million barrels per day from the western coast. Data confirm that the global oil market has recovered, as forecasts from analysts at J.P. Morgan and Goldman Sachs suggest that oil flows from the Gulf region, particularly Saudi Arabia, have returned to high levels. The market was nearly balanced in September, with exports rising amid escalating regional tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)