Gulf Producers Take First Steps Toward Resuming Hormuz Oil Flows

Gulf Producers Take First Steps Toward Resuming Hormuz Oil Flows

The biggest oil producers in the Middle East are asking their Asian customers to submit cargo loading nominations for the export ports that require passage through the Strait of Hormuz, in a sign that the Gulf petrostates are taking tentative steps toward preparing for resumed oil flows through the chokepoint. Saudi Arabia, Kuwait, and Iraq are asking for loading nominations for April and May for cargoes that would have to eventually transit the…

PREPARING TO LOAD: Middle East Producers Prepare For Oil Export Resumption via Hormuz - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Producers in the Middle East have asked Asian refiners to submit crude oil loading programmes for April and May in preparation for the eventual resumption of ​shipping through the Strait of Hormuz, three sources with knowledge of the matter said. A two-week ‌ceasefire deal between the U.S. and Iran announced on Wednesday lifted hopes for ...

Middle East producers prepare for oil export resumption via Hormuz: sources

Saudi Aramco has asked its clients to submit nominations for cargoes loading from the ports of Yanbu and Ras Tanura in May