Saudi Arabia oil export revenues came in at $15.5bn in September, the lowest level in exactly two years. The latest government statistics show that earnings were the lowest since September 2017’s $13.6bn, and were down from $5.9bn the previous month. This was of course an inauspicious month for the kingdom given the attack on the key Abqaiq and Khurais facilities on 14 September, which led to a 210,000 b/d fall in crude exports (MEES, 22 November).