Saudi Arabia once again loaded millions of barrels of oil at its main terminal in the Persian Gulf on Tuesday. Previously, Saudi Arabia redirected its oil transportation routes to the Strait of Hormuz and maintained a high speed of transportation. The 12-million-barrel supertanker docked at the country's Persian Gulf oil export facility on Tuesday, according to EU Copernicus satellite image data. Previously, Sunday was already the busiest day since at least June, and since then some new boats have arrived while others have left. Saudi Aramco would not comment. Saudi oil shipments in the Persian Gulf have increased since attacks forced the closure of a critical east-west pipeline at the beginning of this month. The exit from here must cross the Strait of Hormuz. People familiar with the matter said on Tuesday that the pipeline is currently in the early stages of resuming transportation. Also, according to traders who asked not to be named, Saudi Aramco sold about 10 VLCCs or more crude oil to Asian buyers this week, with delivery dates from October to November. This is equivalent to about 20 million barrels of crude oil.

Zhitongcaijing · 2d ago
Saudi Arabia once again loaded millions of barrels of oil at its main terminal in the Persian Gulf on Tuesday. Previously, Saudi Arabia redirected its oil transportation routes to the Strait of Hormuz and maintained a high speed of transportation. The 12-million-barrel supertanker docked at the country's Persian Gulf oil export facility on Tuesday, according to EU Copernicus satellite image data. Previously, Sunday was already the busiest day since at least June, and since then some new boats have arrived while others have left. Saudi Aramco would not comment. Saudi oil shipments in the Persian Gulf have increased since attacks forced the closure of a critical east-west pipeline at the beginning of this month. The exit from here must cross the Strait of Hormuz. People familiar with the matter said on Tuesday that the pipeline is currently in the early stages of resuming transportation. Also, according to traders who asked not to be named, Saudi Aramco sold about 10 VLCCs or more crude oil to Asian buyers this week, with delivery dates from October to November. This is equivalent to about 20 million barrels of crude oil.