Commodities
Saudi Oil Exports Surge to 18-Month High as OPEC+ Lifts Supply
Saudi Arabia’s crude exports leaped to the highest for 18 months in September, a sign that the kingdom’s share of OPEC+ output hikes is starting to hit global markets.
Total exports were 6.42 million barrels a day last month, according to tanker-tracking data compiled by Bloomberg, up by just over 600,000 barrels a day from August. Figures from Kpler and Vortexa also showed an increase in flows.