Saudi Oil Exports Surge as Middle East Crude Volumes Rebound

Middle East oil exports have seen a significant rebound in September, reaching their highest level since the US-Israeli war with Iran began in February.

The increase is primarily driven by higher shipments from Saudi Arabia and the United Arab Emirates, according to Kpler data.

Saudi Arabia's exports surged to 5.4 million barrels per day (bpd) in September, up from 2.446 million bpd in August, with Ras Tanura shipments rising to 3.6 million bpd.

However, total exports remain well below pre-war levels, standing at about 6 million bpd lower than the February level of 18.8 million bpd.