Saudi oil exports rise to 5.28 MBD
Saudi Arabia increased its oil exports in September to 5.28 million barrels per day, the highest level since February. This came after the activation of export operations through the Strait of Hormuz following an attack by a drone on the east-west pipeline, which caused a temporary halt and disruptions in shipments. The Kingdom gradually shifted its barrels through the strait to ensure it met its commitments to international markets, especially in light of attacks on oil facilities. The repairs led to a gradual resumption of pumping and exporting, amid rising global oil prices that exceeded $105 per barrel, along with an increase in fuel prices.
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