As Saudi Arabia continues its rapid recovery from September’s Abqaiq attack, the kingdom is exporting crude at a staggering rate. MEES assessments of tanker movements indicate that over the first 10 days of October, exports have been running at around 8mn b/d.
While this is a snapshot that is unlikely to reflect the eventual full-month figures, it does further highlight the speed of the kingdom’s recovery. The latest figures tally with those of data intelligence firm Kpler which on 13 October pegged crude loadings over the previous 10 days – including those to other Saudi ports – at 8.5mn b/d. (CONTINUED - 1052 WORDS)