Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the Middle East, Bloomberg reports.
The kingdom’s oil exports were about 3 million barrels a day in August, tanker-tracking data compiled by Bloomberg, Vortexa and Kpler show.
The number, the lowest in records going back to early 2017, chimes with the assessment of crude traders and a person familiar with Saudi operations.
