World & BusinessSaudi East-West Pipeline volumes reportedly rising, but tanker loadings have yet to resume
Reuters reports Saudi Arabia is increasing crude pumping volumes toward Yanbu, its Red Sea export hub, while crude tanker loadings have yet to resume.
TLDR
Reuters, citing industry sources, satellite imagery and shipping data, said on September 24 that Saudi Arabia was building up crude pumping volumes through its East-West Pipeline to Yanbu on the Red Sea. Crude tanker loadings had yet to resume, it reported.
Saudi East-West Pipeline volumes reportedly rising, but tanker loadings have yet to resume
Reuters reports Saudi Arabia is increasing crude pumping volumes toward Yanbu, its Red Sea export hub, while crude tanker loadings have yet to resume.
TLDR
Reuters, citing industry sources, satellite imagery and shipping data, said on September 24 that Saudi Arabia was building up crude pumping volumes through its East-West Pipeline to Yanbu on the Red Sea. Crude tanker loadings had yet to resume, it reported.