Saudi Aramco Cancels European Crude Cargoes as Key Pipeline Stays Shut

Saudi Arabia announced the suspension of oil shipments through the key Yanbu transshipment port

Saudi Arabia announced the suspension of oil shipments through the key Yanbu transshipment port. Saudi Arabia has also notified European customers that it is partially canceling crude oil shipments to Europe at the end of September.About the whole thing!

Saudi Aramco Cancels European Crude Cargoes as Key Pipeline Stays Shut

Saudi Aramco has canceled or delayed crude deliveries to European refiners after the shutdown of the kingdom’s East-West pipeline cut into one of its remaining routes around the Strait of Hormuz. At least three European refiners have had late-September cargoes canceled or pushed as far out as November, according to market sources cited by Argus. Two more expect notices covering September supplies. The 7-million-bpd East-West pipeline has been of…

Aramco Pulls September Crude Cargoes from European Buyers

Cargoes due to load in the final 10 days of September are being scrapped or pushed back as Saudi Aramco reins in term crude supplies to European refiners, with a key export pipeline still sitting offline. Notices to that effect have already reached at least three European refiners, whose cargoes have either been cancelled or […] The post Aramco Pulls September Crude Cargoes from European Buyers appeared first on the deep dive.