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Saudi crude output rose 12.2% in September to 8M bpd, per Al Rajhi Capital, as the Kingdom boosted STS transfers outside Hormuz and pushed most exports via Yanbu, despite a two-week East-West pipeline halt. #OilPrice #Saudi #Crude #OPEC

https://t.co/m65zkvA1Re

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@OilandEnergy

via X

Saudi crude exports rose 7.9% in August to 4.451 million bpd, the highest since March, as output fell to a record low 6.24 million bpd, JODI data show. The kingdom is shipping from both coasts despite regional tensions. #Oil #SaudiArabia #OPEC

https://t.co/kEcFsxszc2

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@OilandEnergy

via X

Equatorial Guinea will approve a new hydrocarbon law Monday after crude output collapsed to 20,000 bpd in September from about 140,000 bpd in 2020. More flexible terms aim to get companies drilling again. #Oil #EquatorialGuinea #OPEC #Africa

https://t.co/usHdDdQYb2

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@OilandEnergy

via X

Ranked: Who controls the world's oil? 🛢️

Five Gulf producers hold 53.2% of the world's 1.57 trillion barrels of proven crude reserves, per OPEC's 2026 Statistical Bulletin. Venezuela tops at 19.3%. New Who Controls It every Thursday. #Oil #OPEC https://t.co/WTK1QJkRUs

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@OilandEnergy

via X

OPEC and the IEA can't agree on oil demand. OPEC sees 2026 growth of 0.2M b/d; the IEA, out today, sees a 2.6M b/d fall. For 2027, OPEC sees +2.6M b/d vs the IEA's +2.0M. That gap is the market's big unknown. #OPEC #IEA #Oil #OOTT https://t.co/BQRDTGMnS9

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