Saudi Arabia’s crude exports dropped steeply following the Sept. 14 attacks and remain lower month-on-month, according to export figures, a tangible sign that supplies to the market are being curbed even as production recovers.
A report from tanker-tracking firm Petro-Logistics, seen by Reuters, said crude exports averaged 5.875 million barrels per day in the 10 days since the attacks, down 1.494 million bpd from shipments in the first 13 days of the month.
Kpler, another company that tracks oil flows, said in a report that Saudi crude loadings averaged 6.054 million bpd in the 10 days after the attack, a drop of 1.685 million bpd from the average in the 10 days before it.
