Saudi Crude Oil Exports Rise in October

Saudi Arabia's crude exports have risen in October compared with September, two of three ship-tracking companies said, despite Iranian attacks on shipping in the Gulf and claims by Yemen's Iran-aligned Houthis of attacks on Saudi oil facilities.

Kpler, the third ship tracker, showed a fall in exports, and many tankers have switched off their tracking signals, which makes the true volumes hard to pin down.

Saudi crude exports averaged about 7.9 million barrels per day for the first 29 days of the month, said TankerTrackers.com, up from 5.8 million bpd in September. This comprised 3.32 million bpd from the western coast and 4.55 million bpd from the east, the preliminary data showed.

Exports from Saudi Arabia's Yanbu port are higher following a dip in September, said tanker tracker Petro-Logistics.

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