Saudi Arabia has shipped about 7mln barrels a day this month, its highest since 2023, while oil exports from the UAE are set to hit a record 3.5mln BPD in February, according to FT citing Kpler

Saudi Arabia's oil shipments reaching 7 million barrels per day this month indicate strengthened supply, which may pressure prices as it marks the highest output since 2023. Additionally, the UAE's projected record exports of 3.5 million BPD suggest a robust demand which could impact regional pricing dynamics. Overall, these figures may signal a shift in market balance, influencing both WTI prices and broader commodity flows.