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Saudi oil supplies rebound with 6.6M barrels
Saudi Arabia's crude oil exports rose to 6.6 million barrels per day in September, an increase of 4.2 million barrels from August. This reflects a recovery in regional energy flows to over 81% of pre-crisis levels. The increase was achieved thanks to higher shipments through the East-West pipeline, which transports oil from Saudi fields to the Yanbu port, helping to offset declines in shipments from other Gulf countries amid shipping disruptions. Although crude exports and Gulf supplies have returned to about 91% of pre-crisis levels, exports of refined petroleum products remain significantly lower, at around 60%. This indicates that the recovery has not yet encompassed all parts of the energy supply chain. It highlights the importance of stabilizing shipping routes and increasing supplies of refined products to achieve a full recovery of energy supplies in the region.
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