Saudi Arabia’s OPEC+ efforts to cut output and boost oil prices in August led to a drop in crude exports, with flows dropping to 5.6 million barrels a day.

Shipments to major destinations, including China and the US, hit multiyear lows.

The Organization of Petroleum Exporting Countries and allies, including Russia, are limiting supplies to support the market amid weak demand in China.

Saudi Arabia has promised to decrease production by 1 million barrels a day.

Westward shipments also fell, with the smallest US freight volume in six years.