Saudi Aramco Reboots Oil Exports After Pipeline Restart
Saudi Aramco has resumed oil loadings from Yanbu after restarting its East-West Pipeline. The pipeline was shut down on September 11 due to drone attacks, halting crude exports from Yanbu.
The refiner had loaded a cargo from Yanbu late in the week before announcing the October loading schedule. This comes as the company notified customers of its October loading schedule from Yanbu.
No euro price or percentage change is reported for Saudi Aramco's after-hours trading. However, it is clear that the restart of pipeline operations has had a significant impact on the company's oil exports.