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Asharq Al-Awsat

Business

London - Asharq Al-Awsat

Saudi Oil Exports Hit 30-Month High in October

Oil Saudi Arabia crude oil Russia United States Kremlin

General view of Aramco tanks and oil pipe at the Ras Tanura oil refinery and oil terminal in Saudi Arabia. May 21, 2018. (Reuters Archive)

Saudi Arabia’s crude oil exports rose for a fifth straight month in October to the highest in 30 months, the International Energy Forum (IEF) said on Monday, citing data from the Joint Organizations Data Initiative (JODI).

Crude exports rose about 0.7% to 7.773 million barrels per day (bpd) in October, the highest since April 2020, from 7.721 million bpd in September.

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