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Saudi Arabia Ras Tanura oil exports double
The volume of Saudi oil loaded from the Ras Tanura port doubled to approximately 3 million barrels per day during the second week of September, an increase from over 1.5 million barrels in the first week. This surge in exports follows the closure of the East-West pipeline (Petroline) due to damage caused by drone attacks, which led to an increase in Brent crude prices to around $110 before dropping by about $7 as repairs began. Sources expect half of the pipeline's capacity to be restored within a few days, while full repairs may take up to six weeks, impacting Saudi Arabia, which relies heavily on this pipeline to transport oil to the Yanbu port.
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