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crude oil exports
News updates related to crude oil exports.
Conflicts in the Middle East caused global crude oil exports to fall by 8% in the past three months.
The disruption in the Strait of Hormuz has reshaped the world's energy flows, causing oil exports from the Middle East to fall by nearly 50% while shipping costs remain at record highs.
Market
Russia's crude oil production is expected to plummet by 460,000 barrels per day in April 2026.
A report from the International Energy Agency (IEA) shows that Russia's crude oil production has fallen to 8.8 million barrels per day, but crude oil exports have recorded an increase.
Saudi Aramco will continue to cut oil supplies to Asia in April 2026.
Saudi Aramco tightened oil supplies to Asian customers for the second consecutive month due to conflicts in the Strait of Hormuz disrupting shipping.
Saudi Aramco will continue to cut oil supply to Asian markets in April 2026.
Saudi Aramco tightened crude oil supplies to Asian refineries for the second consecutive month due to shipping disruptions caused by the conflict in the Strait of Hormuz.
Vietnam is ready to halt crude oil exports to prioritize domestic gasoline and diesel supply.
Faced with the risk of volatility from the Middle East, Petrovietnam activated emergency measures, operating its refineries at over 100% capacity to ensure national energy security.
US crude oil exports are projected to fall by 3% in 2025, marking the first decline in four years.
Despite record production of 13.6 million barrels per day, US crude oil exports are still projected to fall to 4 million barrels per day by 2025 due to priorities for stockpiling and domestic consumption.
US crude oil exports are projected to fall by 3% in 2025, marking the first decline in four years.
According to the EIA, average oil exports are projected to reach 4 million barrels per day in 2025, a decrease despite record domestic production reaching 13.6 million barrels per day.
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