AJOT Newsroom
| September 20, 2019
| Energy
Saudi barrels are being simultaneously pushed away from the US and pulled towards Asia. Saudi crude oil exports to East Asia so far this year have increased by 467,000 barrels per day versus 2018, accounting for over 20 percent of East Asia’s total crude imports. At the same time, Saudi oil exports to the United States have dropped by 360,000 bpd as US domestic production rates increase.
