News
🚨 🇸🇦 Saudi crude exports reportedly back above 7m barrels a day, at pre-war levels
🚨 🇸🇦 Saudi crude exports reportedly back above 7m barrels a day, at pre-war levels
- 🇸🇦 Saudi crude exports reportedly averaged more than 7 million barrels a day over the first 22 days of October, back to pre-war levels, per newswires at , citing tanker-tracking data
- 🇸🇦 The report suggests Saudi output has climbed towards 9 to 10 million barrels a day; there is no official Saudi figure yet
FO view: Flows back at pre-war levels would show the kingdom's export system absorbing this month's strikes, which cuts against the Gulf supply premium in crude even as attacks continue.
Not investment advice.