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Saudi cancels September crude cargoes for some European refiners after pipeline closure
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According to a report from financial news outlet Jin10, citing Reuters and three unnamed trade sources, Saudi Arabia is notifying some European refiners that its crude oil cargoes scheduled for loading in September have been cancelled. The cancellations follow the shutdown of the East-West pipeline, a key infrastructure for transporting crude oil across the kingdom. The report indicates that the supply disruption is affecting European refiners specifically, though the duration of the pipeline outage and the total volume of cancelled cargoes were not specified in the brief item. The news suggests a tightening of global oil supply from one of the world's largest exporters, with potential implications for European energy markets and crude oil prices.
Source report
According to Reuters, three trade sources have reported that Saudi Arabia is notifying select European refiners of the cancellation of its crude oil cargoes scheduled for September loading. The cancellations follow the shutdown of the East-West pipeline.
Source
金十数据Neutral / independent
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Saudi Arabia cancels September crude oil cargoes to European refiners after pipeline shutdown