Saudi Crude Exports Hit 5-Month High as Output Falls to Record Low
Saudi Arabia's crude exports rose 7.9% in August to 4.451 million bpd, the highest since March, while its oil production fell to a record low of 6.24 million bpd according to JODI data reported by Reuters.
Original · OilPrice.com AI summary of public reporting
Why: Saudi output at record low → supply tightening
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At publication → CurrentBRENTOIL104.91 → 105.77+0.8%
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