Middle East crude exports rise to seven-month high as Qatar LNG disruptions continue
Middle East crude oil exports rose in September to their highest monthly level since the Iran war began seven months ago. Preliminary data from Kpler put regional exports at 16.3 million barrels a day, even as the conflict continued to disrupt shipping and energy flows across the Gulf. The increase was driven in large part by Saudi Arabia, while some Qatar-linked liquefied natural gas tankers also resumed crossings of the Strait of Hormuz after no visible crossings were recorded in August.The regional export figure was still about 3.2 million barrels a day below the 19.5 million recorded in February. Saudi... [Continue Reading]
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