Saudi Arabia’s crude oil exports declined for the second consecutive month in April, falling to their lowest level on record amid regional geopolitical tensions and disruptions to Gulf energy shipments.
According to data released by the Joint Organizations Data Initiative (JODI), Saudi crude exports dropped to 3.990 million barrels per day (bpd) in April, compared to 4.974 million bpd in March, representing a sharp month-on-month decline.
The latest figures also showed a significant reduction in Saudi oil production. Crude output fell to 6.316 million bpd in April from 6.967 million bpd in March, marking the lowest production level recorded in JODI data.
Saudi Arabia, along with other members of the Organization of the Petroleum Exporting Countries (OPEC), submits monthly production and export figures to JODI, which tracks global oil market trends and energy supply data.
The decline in exports comes as geopolitical tensions continue to affect energy markets across the Middle East. Ongoing security concerns and disruptions to shipping routes have increased uncertainty surrounding oil supplies from the Gulf region.
Market observers point to disruptions in maritime traffic through the Strait of Hormuz, a critical chokepoint that handles nearly 20% of global oil and liquefied natural gas (LNG) trade.
Diplomatic efforts between the United States and Iran have shown signs of progress, with mediators reporting encouraging developments in peace negotiations. However, regional tensions remain elevated, keeping energy markets on alert.
The International Energy Agency (IEA) has warned that prolonged disruptions in the Middle East could significantly impact global energy supplies. Analysts continue to monitor developments closely as the region remains a vital source of crude oil exports.
At the same time, the United States has strengthened its position as one of the world’s leading oil exporters, intensifying competition with traditional energy giants such as Saudi Arabia and Russia in international markets.
Saudi refinery operations also slowed during April. Crude throughput at domestic refineries declined to 2.211 million bpd, down from 2.266 million bpd recorded in March.
Despite lower refinery activity, direct crude oil burning increased substantially. Saudi Arabia consumed approximately 540,000 bpd of crude for direct energy generation during April, an increase of 210,000 bpd compared to the previous month.
Energy analysts believe the combination of lower production, reduced exports, and changing regional dynamics could continue to influence oil prices and global energy market sentiment in the months ahead.
