Mideast Oil Exports Rebound in September as Saudi Arabia Boosts Shipments
Industry sources said the East-West pipeline restarted at low volumes and Saudi shipments climbed to 6 million barrels a day.
- Saudi crude exports surged nearly 80% in September compared to August, reaching 6 million barrels per day. The Kingdom's shipments rebounded to 2025 monthly averages despite infrastructure damage and regional instability.
- Earlier this month, a drone attack launched from Iraq forced the closure of the East-West pipeline, which transports about 4% of global oil supplies. The infrastructure serves as a crucial relief valve during the ongoing Iran war.
- Saudi Aramco CEO Amin Nasser told the Japanese newspaper Nikkei on Thursday that infrastructure interruptions usually last "for days, not weeks." Industry sources confirmed the East-West pipeline restarted at low volumes earlier this week and is ramping up.
- Brent crude dropped 1.81% and West Texas Intermediate fell 2.07% on Friday as investor confidence grew that the outage was less disruptive than feared. Prices had previously jumped to nearly $110 per barrel when the pipeline initially shut.
- Elsewhere, Iranian Foreign Minister Abbas Araghchi said the Strait of Hormuz will reopen within seven days if the U.S. meets "certain conditions." Saudi Arabia continues navigating threats from Iran-backed Houthi rebels in the Red Sea.
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Mideast oil exports rebound in September as Saudi Arabia boosts shipments
By Florence Tan SINGAPORE, Sept 28 (Reuters) - Crude oil exports from key Middle East producers rebounded in September to 12.8 million barrels per day, the highest since the US-Israeli war with Iran started in February, data from Kpler showed on Mond...
Saudi oil exports soar 80% to highest level since Iran-US war
Saudi crude oil exports soared in September to their highest level since the outbreak of the Iran-US war nearly seven months ago, rising by 80% from August, according to data from Kpler, a company specializing in trade and energy flow information
Saudi Arabia appears to have significantly increased its crude oil exports despite the attack on a key pipeline. As the country actively resumed utilizing the Strait of Hormuz shipping route secured by the U.S. military, crude oil exports in September surged by approximately 80% compared to the previous month. Immediately after the pipeline closure, barrels
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