Saudi Arabia’s crude oil exports have significantly increased by around 388,000 barrels per day (b/d) to reach 7.057 million barrels per day (mmbbl/d) in October, up from 6.669 mmbbl/d in September, according to Mubasher, citing the Joint Organization Data Initative (JODI).

The increase in Saudi Arabia’s crude oil exports in October has marked the Kingdom’s best and highest level of exports attained since April 2019, the JODI mentioned.

It is worth noting that this spike has happened after a two-year decline of the Kingdom’s crude oil exports. However, total oil exports, including crude oil and petroleum products, dropped by 56,000 b/d in October to 8.015 mmbbl/d, down from 8.071 mmbbl/d in September.