Saudi Crude Oil Exports Soar to Seven-Month High ...Middle East

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Saudi Crude Oil Exports Soar to Seven-Month High
Saudi Arabia’s crude oil exports hit a seven-month high in September as its production jumped to a 29-month high, the latest data by the Joint Organizations Data Initiative (JODI) showed on Wednesday.  Even as Saudi refinery runs rose by 38,000 barrels per day (bpd) in September from August, crude oil shipments from the world’s top crude exporter increased by 53,000 bpd, according to the data.    The increase may not seem much but it was the highest level since February and above the 2020-2024 five-year average for…

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