Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Saudi Arabia increases Gulf oil exports days after Houthis attack key pipeline

Saudi Arabia has increased crude loadings from Gulf terminals after drone attacks shut the East-West Pipeline. The shift suggests a partial export recovery, but disruption around the Red Sea and Strait of Hormuz remains a concern.

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Saudi Aramco loaded about 14 million barrels of crude oil on seven VLCCs inside the Mideast Gulf on Sunday, data from TankerTrackers.com showed, as the kingdom increased loadings from Gulf export terminals after an attack disrupted shipments…

Saudi Arabia Elevates Gulf Oil Exports Following Houthis Pipeline Attack

Saudi Arabia has raised its crude oil loadings from Gulf terminals after the Iran-backed Houthis disrupted its primary East-West oil pipeline. This move highlights a partial recovery in oil exports amidst ongoing regional supply challenges. On Sunday, Saudi Aramco reportedly loaded approximately 14 million barrels of crude onto seven Very Large Crude Carriers (VLCCs), as indicated by data from TankerTrackers.com and cited by Reuters. Recent sate…

Oil Tops $108 After Saudi Pipeline Shutdown and Hormuz Attack — Regional Supply Concerns Rise

Brent crude climbed past $108 after drone strikes forced Saudi Arabia to halt its East–West pipeline and attacks near the Strait of Hormuz disrupted shipping, intensifying fears of a near-term global oil shortage and higher fuel prices for the Middle East.