Post
Saudi Aramco has informed at least two European oil refining customers that they will not receive Saudi crude shipments next month. This follows an attack on the kingdom's key East-West pipeline, according to a Bloomberg report on Friday. These customers usually receive Saudi crude through long-term supply agreements that guarantee regular monthly deliveries. People familiar with the matter told Bloomberg that those scheduled allocations will not be supplied next month.
Replies
Post
Saudi Aramco has informed at least two European oil refining customers that they will not receive Saudi crude shipments next month. This follows an attack on the kingdom's key East-West pipeline, according to a Bloomberg report on Friday. These customers usually receive Saudi crude through long-term supply agreements that guarantee regular monthly deliveries. People familiar with the matter told Bloomberg that those scheduled allocations will not be supplied next month.