RiyadhSaudi Arabia’s output sank to a record 6.24 million barrels daily.
Exports still rose 7.9% in August to 4.451 million barrels a day, official data show.
Refinery throughput fell 181,000 barrels a day, and UBS analyst Giovanni Staunovo says terminals on both coasts carried the crude.
Houthi forces attacked Aramco’s Dhahran headquarters last week, causing a limited fire, the energy ministry said.
Staunovo expects the export recovery to have continued through September and October.
How each outlet framed it
- Reuters
- reads the August export rise as a shipping-terminal workaround, using both coasts while production hit a record low of 6.24 million bpd
Sources: Reuters