Saudi Arabia's oil exports rise despite Gulf conflict Despite attacks on the kingdom's energy infrastructure and reports of Iranian attacks on tankers in the Strait of Hormuz, Saudi Arabia's oil exports this month remain close to wartime highs. Saudi Arabia exported a total of 6.5 million barrels of oil from the west and east coasts in October, up from 6.6 million barrels of oil in all of last month, according to Vortexa. Tankers.com estimates total October exports to be at pre-war levels of 6.99 million per day, while Kepler estimates it at 5.4 million per day, down from September. Aramco increased oil exports from Yanbu Port in the Red Sea to 2.5 million barrels per day in October, compared to 2.4 million in September. Exports through the Persian Gulf fell to 4 million bpd compared to 4.2 million in September. Kepler reported low volumes from both coasts. The difference in data is mainly due to tankers turning off their transmitters to hide their location and minimize the risk of attacks, making it difficult for traders to get a clearer picture of exports. But the question of data reliability still remains. This is confirmed by the increase in prices on the stock exchanges.

Saudi Arabia's oil exports rise despite Gulf conflict Despite attacks on the kingdom's energy infrastructure and reports of Iranian attacks on tankers in the Strait of Hormuz, Saudi Arabia's oil exports this month remain close to wartime highs. Saudi Arabia exported a total of 6.5 million barrels of oil from the west and east coasts in October, up from 6.6 million barrels of oil in all of last month, according to Vortexa. Tankers.com estimates total October exports to be at pre-war levels of 6.99 million per day, while Kepler estimates it at 5.4 million per day, down from September. Aramco increased oil exports from Yanbu Port in the Red Sea to 2.5 million barrels per day in October, compared to 2.4 million in September. Exports through the Persian Gulf fell to 4 million bpd compared to 4.2 million in September. Kepler reported low volumes from both coasts. The difference in data is mainly due to tankers turning off their transmitters to hide their location and minimize the risk of attacks, making it difficult for traders to get a clearer picture of exports. But the question of data reliability still remains. This is confirmed by the increase in prices on the stock exchanges.