Saudi Aramco plans to boost its oil exports to the Gulf to 60 million barrels in September and October. This was reported by Qazaqyia.kz citing Reuters.
The information was confirmed by traders. According to their data, export volumes will reach 60 million barrels over these two months.
The decision could affect supply volumes on the global oil market. Saudi Aramco is one of the world's largest oil producers, so changes in its export volumes are closely watched on the international market.
According to traders, the increase in exports is planned for September and October. The exact reasons and additional details were not reported.