Saudi oil exports rise to 8-month high in September

Saudi Arabia increased its crude oil exports in September to a record high since January this year, Angi reports.

Thus, crude oil exports increased to 6.516 million barrels per day in September from 6.450 million barrels per day in August. The total volume of exports, including petroleum products, amounted to 7.84 million barrels per day.

Crude oil production from the world's largest exporter of raw materials rose 100,000 barrels per day monthly to 9.662 million barrels per day in September, the highest since April 2020.

The Organization of Petroleum Exporting Countries and its allies, known as OPEC +, are increasing production by 400,000 barrels per day per month, gradually curtailing record production levels reached in 2020. The organization is holding its next policy meeting on 2 December.

As reported, an oil platform in Saudi Arabia will be converted into an extreme amusement park.

Tags: oil, oil production, Oil refinery plant, OPEC+, OPEC, export, volumes, petroleum products, oil deliveries, Saudi Arabia, oil market

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