After the United Arab Emirates withdrew from OPEC, crude oil and condensate exports reached a historic high in June

According to ship tracking data from Kpler and Vortex, the United Arab Emirates increased its crude oil and condensate exports to historic highs in June. According to Rauball, a senior oil analyst at Kpler, the average export volume of crude oil and condensate from the United Arab Emirates this month was about 3.7 million barrels per day, higher than the level of 3.1 million to 3.3 million barrels per day before the outbreak of the Middle East conflict. The previous peak export volume was 3.44 million barrels per day in April 2020. Emma Li, Senior Oil Analyst at Vortex, stated that from June 1st to 29th, Abu Dhabi's crude oil loading reached 4 million barrels per day, exceeding the pre war level of 3.4 million barrels per day, and exports rose to 3.7 million barrels per day, compared to 3.3 million barrels per day in the first two months of this year.