🇸🇦🇾🇪⚡ Saudi Arabia could lose up to 4% of the world’s oil supply
Saudi Arabia could run out of stocks intended for export if it does not resume in the coming days its main pipeline to the Red Sea, according to oil buyers and operators consulted by Reuters.
The disruption would mean removing up to 4% of the global oil supply. The information does not come from an official Saudi figure: it assesses what volume of exportable reserves would remain available and how long the pipeline would need to get back into operation.
$CL $BZ
Saudi Arabia could run out of stocks intended for export if it does not resume in the coming days its main pipeline to the Red Sea, according to oil buyers and operators consulted by Reuters.
The disruption would mean removing up to 4% of the global oil supply. The information does not come from an official Saudi figure: it assesses what volume of exportable reserves would remain available and how long the pipeline would need to get back into operation.
$CL $BZ
