Oil Flows From OPEC+ Kings Saudi and Russia Rebounded Last Month
This article is for subscribers only.
Saudi Arabia and Russia, the two nations leading OPEC+ oil cuts, boosted their crude exports last month, offering solace to a global market where supply is getting increasingly tight.
The two lifted their combined crude exports by about 1 million barrels a day in September. Their collective flows remained well down on where they were as recently as July. The final number for September could be lower if some of the oil ends up going to refineries on the country’s west coast.