Saudi Arabia resumes Yanbu oil loading after pipeline restart
- Representational imageSaudi Arabia has resumed oil tanker loadings from its Red Sea port of Yanbu after restarting operations on the East-West Pipeline, according to trade sources and shipping data.
- The resumption of Yanbu loadings, halted earlier this month after a drone attack on the pipeline, weighed on global oil prices Monday as it added to signs of increased flows from West Asia, from which the US war with Iran has throttled oil shipments.
- State oil giant Saudi Aramco notified customers Monday evening of its Oct loading schedule from Yanbu, an Asian refining source said.
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- Representational imageSaudi Arabia has resumed oil tanker loadings from its Red Sea port of Yanbu after restarting operations on the East-West Pipeline, according to trade sources and shipping data.
- The resumption of Yanbu loadings, halted earlier this month after a drone attack on the pipeline, weighed on global oil prices Monday as it added to signs of increased flows from West Asia, from which the US war with Iran has throttled oil shipments.
- State oil giant Saudi Aramco notified customers Monday evening of its Oct loading schedule from Yanbu, an Asian refining source said.
Sources: Times of India