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Combined October crude exports from Saudi Arabia, the UAE, Iraq and Kuwait rose about 10% to 15.53 million barrels a day, roughly back to early-year levels. Saudi exports reached 7 million barrels a day, and Yanbu loadings jumped 35%, while Iranian loadings stayed at zero for a second month under a US naval blockade.
Brent hovered near $106 after falling about 7% on Monday.
Returning Gulf supply eases the tight physical crude market and can cap energy costs that feed into diesel, fertilizer and freight prices for feed producers. Ramp-up ahead of OPEC's November meeting suggests further pressure on crude prices.
finance.biggo.comBigGo FinanceNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
