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Saudi Red Sea crude exports decline 41% from March peak

Saudi Arabia's crude oil exports via the Yanbu terminal have dropped to 2.39 million bpd in June from a March peak of 4.07 million bpd. The decline follows a strategic shift to the East-West pipeline amid regional conflict, though the cause of the recent volume contraction remains unclear.

OilPrice.comabout 13 hours agoSA, IRCredibility 56%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.8
Source credibility0.6

Intelligence Tags

#crude oil#saudi arabia#energy security#tanker tracking#supply chain

Locations

YanbuRed Sea

Entities

countrycountryregionconcept
Source

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