Preliminary vessel-tracking from Kpler and Vortexa shows the UAE lifted June crude and condensate exports to record levels shortly after leaving OPEC. Kpler senior oil analyst Rauball said June exports averaged about 3.7 mln b/d, a record and well above the 3.1–3.3 mln b/d seen before the Middle East conflict. The UAE’s prior export peak was 3.44 mln b/d in April 2020 during the Saudi-Russia price war. Vortexa senior analyst Emma Li said Abu Dhabi loadings from June 1–29 reached roughly 4.0 mln

Preliminary vessel-tracking from Kpler and Vortexa shows the UAE lifted June crude and condensate exports to record levels shortly after leaving OPEC. Kpler senior oil analyst Rauball said June exports averaged about 3.7 mln b/d, a record and well above the 3.1–3.3 mln b/d seen before the Middle East conflict. The UAE’s prior export peak was 3.44 mln b/d in April 2020 during the Saudi-Russia price war. Vortexa senior analyst Emma Li said Abu Dhabi loadings from June 1–29 reached roughly 4.0 mln b/d, above the pre-conflict 3.4 mln b/d level; exports rose to a 3.7 mln b/d high versus about 3.3 mln b/d in the first two months of this year.