Saudis Set to Boost Oil Exports as Output Rises, Local Use Slows

Saudi Arabia’s oil exports are set to jump this month as the twin impact of higher production and easing local demand from peak summer levels frees up supply, adding to concerns the market is headed for a surplus.

The amount of crude available for export will increase by about half a million barrels a day in September from the previous month, according to analytics firm Kpler. Supply is expected to increase further later this year and into 2026 as Saudi Arabia adds more output and starts a massive new natural gas project that will free oil for overseas sales.