šØ $NVDA.US
$SOL
BREAKING ā SAUDI OIL ROUTE REACTIVATED! šøš¦š¢ļø
Saudi Arabia has restarted its East-West oil pipeline after it was shut down following drone attacks on September 13.
The pipeline connects Saudi Arabia's eastern oil fields with Yanbu on the Red Sea, providing a route that bypasses the Strait of Hormuz.
š Maximum capacity: ~7M barrels/day
š Pipeline had been moving around 4M bpd before the shutdown
š Yanbu exports could resume Tuesday
ā ļø Initial pipeline flow is reportedly at a reduced rate, so 7M bpd should NOT be interpreted as current output.
The restart could help Saudi Arabia restore part of its disrupted export capacity as Hormuz tensions continue.
š Big development for global oil markets.
$MUBARAK $KERNEL
#SaudiArabia #Oil #CrudeOil #Hormuz #Energy #Crypto #MUBARAK #KERNEL #BinanceSquare
$SOL
BREAKING ā SAUDI OIL ROUTE REACTIVATED! šøš¦š¢ļø
Saudi Arabia has restarted its East-West oil pipeline after it was shut down following drone attacks on September 13.
The pipeline connects Saudi Arabia's eastern oil fields with Yanbu on the Red Sea, providing a route that bypasses the Strait of Hormuz.
š Maximum capacity: ~7M barrels/day
š Pipeline had been moving around 4M bpd before the shutdown
š Yanbu exports could resume Tuesday
ā ļø Initial pipeline flow is reportedly at a reduced rate, so 7M bpd should NOT be interpreted as current output.
The restart could help Saudi Arabia restore part of its disrupted export capacity as Hormuz tensions continue.
š Big development for global oil markets.
$MUBARAK $KERNEL
#SaudiArabia #Oil #CrudeOil #Hormuz #Energy #Crypto #MUBARAK #KERNEL #BinanceSquare
