World & BusinessSaudi Arabia reportedly suspends oil loadings at Yanbu after pipeline attacks
The Kobeissi Letter, citing Reuters, says the halt followed attacks on the East-West pipeline. It also reported Brent crude extending gains toward $110 a barrel.
TLDR
The Kobeissi Letter reported on September 15, citing Reuters, that Saudi Arabia had suspended oil loadings at Yanbu, its main Red Sea port, following attacks on the East-West pipeline. It also said Brent crude was rising toward $110 a barrel. MeidasTouch said the pipeline remained shut and repairs could take weeks, and that Aramco was delaying or canceling some late-September European cargoes.
Saudi Arabia reportedly suspends oil loadings at Yanbu after pipeline attacks
The Kobeissi Letter, citing Reuters, says the halt followed attacks on the East-West pipeline. It also reported Brent crude extending gains toward $110 a barrel.