Copernicus Sentinel-2 imagery showed that over 20 million barrels of oil were loaded on October 15 alone via nine very large crude carriers and two Suezmax or Aframax tankers across Red Sea and Persian Gulf terminals. Loading at Yanbu, which included six VLCCs and one Aframax carrying 12.7 million barrels, indicates the East-West pipeline has returned to full capacity despite ongoing Houthi attacks.
Tuesday, October 20, 2026
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Saudi Oil Exports Hit 2026 High of 8.165 Million Bpd
Commodities4 days ago
Multiple oil tankers continued loading crude at the ports of Yanbu and Al Muajjiz on October 16 after Saudi Arabia intercepted a Houthi ballistic missile attack in the area. This active shipping has pushed the kingdom's average exports to 8.165 million barrels per day during the first 15 days of October, the highest daily rate of 2026. The surge follows a statement by the Saudi energy minister this week that the global market would be "shocked" by current export levels.
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