Mideast Oil Exports Rebound in September
Reuters reported September exports reached 12.8 million barrels a day, easing supply fears and pushing WTI and Brent prices lower.
6 Articles
6 Articles
Gulf oil exports recovered to about 13 million barrels per day in September with increased crossing of the Strait of Hormuz and the use of alternative routes, but still below pre-war levels, amid the dangers of attacks and the shortage of fuel shipments.
Middle Eastern Oil Exports Improve to Best Since February, Crude Oil Prices Drop
Crude oil exports from the Middle East region climbed to 12.8 million barrels a day, reaching their highest level since February. As attacks on regional energy infrastructure have subsided and Saudi Arabia’s East-West Pipeline has resumed operations, oil markets are seeing significant relief.
Oil prices fall, with Brent down -2.6%, as Saudi exports recover and concerns ease.
Middle Eastern oil exports rise to highest level since Iran war began
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