Yanbu Restart on the Horizon as Aramco Signals Saudi Oil Lifeline Returns

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Source: Crude Oil Prices Today | OilPrice.com
Yanbu Restart on the Horizon as Aramco Signals Saudi Oil Lifeline Returns
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR

Saudi Aramco has informally told Asian refiners that crude loadings at Yanbu could resume soon as the East-West pipeline remains out; repairs could take 3-5 weeks with full capacity returning in about six weeks, easing export pressure and potentially boosting refinery runs and diesel margins in Asia.

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