Saudi Arabia Informing Some European Oil Refiners That Their Crude Cargoes For September Loading Are Cancelled After Closure Of East-West Pipeline
– Reuters citing trading sources
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Why It Matters
Saudi Arabia cancelled some oil shipments to Europe due to a pipeline closure. This means less oil supply, which could push prices up in the short term.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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