Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Gulf Arab Oil Giants Are Exporting Crude at Pre-War Rates Again
Business & Finance

Gulf Arab Oil Giants Are Exporting Crude at Pre-War Rates Again

Bloomberg Markets Monday 02 November 2026, 17:25 UTC By Grant Smith and Julian Lee 1 min read
Key Points

Gulf Arab Oil Giants Are Exporting Crude at Pre-War Rates Again The Middle East’s leading Arab oil producing nations are shipping crude at about the same rate as before the war, bringing a tide of supply to the global market that’s helped to temper prices. Combined exports from Saudi Arabia, the United Arab Emirates, Iraq and Kuwait climbed by 10% to 15.53 million barrels a day in October, putting them roughly in line with levels shipped at the start of the year, according to tanker-tracking...

Gulf Arab Oil Giants Are Exporting Crude at Pre-War Rates Again The Middle East’s leading Arab oil producing nations are shipping crude at about the same rate as before the war, bringing a tide of supply to the global market that’s helped to temper prices. Combined exports from Saudi Arabia, the United Arab Emirates, Iraq and Kuwait climbed by 10% to 15.53 million barrels a day in October, putting them roughly in line with levels shipped at the start of the year, according to tanker-tracking data compiled by Bloomberg and energy-analytics firms. By contrast, Iran’s exports remained at zero for a second month amid a US naval blockade.
Gulf Arab (ORG) Pre-War Rates Again Gulf Arab Oil Giants Are Exporting Crude (EVENT) Pre-War Rates (EVENT) The Middle East’s (LOCATION) Arab (ORG) Saudi Arabia (LOCATION) the United Arab Emirates (LOCATION) Iraq (LOCATION) Kuwait (LOCATION) Bloomberg (ORG) Iran (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Anthropic IPO Explained: S-1 Filing, Nasdaq Listing and Key Risks

Explainer What to Know About the Anthropic IPO In late 2020, a group of senior OpenAI employees unhappy with what they saw as the company’s failure to adequately prioritize AI ethics and safety left the firm to form Anthropic PBC. Just a few years later, the younger company has become an artificial intelligence behemoth that is expected to hold one of the largest and most closely watched initial public offerings in history. Anthropic filed publicly on Oct. 26 with the US Securities and...

Bloomberg Markets 11m ago

Vista, Elliott’s Cloud Software to Refinance $2 Billion of Debt

Vista, Elliott’s Cloud Software to Refinance $2 Billion of Debt Private equity-backed Cloud Software Group, which owns brands including Citrix and Tibco, kicked off a transaction on Monday to address its upcoming debt maturities. The company, formed after a leveraged buyout by Vista Equity Partners and Elliott Investment Management, is offering $2 billion of senior secured notes to partially refinance debt due in 2029, according to a person familiar with the matter.

Bloomberg Markets 23m ago

Apple reports after the bell. Options traders expect a big move

And then there is Apple. The tech behemoth is an asset class. The iPhone maker has a fortress balance sheet, a vice-like grip on its markets, and 20 years after the first iPhone release, still remains cool.

CNBC 27m ago

Options traders are getting anxious on Palantir and Apple ahead of earnings

It's not just the neoclouds and hyperscalers that investors are anxious about. Options data show a surge in bearish trading in anticipation of both Palantir and Apple earnings Monday afternoon. The two stocks have been on trajectories that are distinct from the broader AI trade – with Apple, in particular, trading almost inversely to the Nasdaq 100 Index – but that's not stopping speculators from betting on a reversal in their shares after earnings.

CNBC 31m ago