Middle East Oil Exports Surge to Highest Level Since February Conflict

Crude oil exports from major Middle Eastern producers saw a notable increase in September, reaching approximately 12.8 million barrels per day.

This figure is a significant improvement from August's levels and marks the highest level since the US-Israeli conflict with Iran began in late February.

The surge was largely driven by increased shipments from Saudi Arabia and the United Arab Emirates, with Saudi exports alone reaching around 5.4 million barrels per day (bpd) this month.

Despite this growth, Kpler noted that aggregate exports of the region's major producers still remain approximately six million barrels per day below February levels, when total exports stood at around 18.8 million barrels per day.