Skip to content
TodayPrism
Updated 2h agoBusiness & Markets

Saudi Aramco informs European oil buyers of no crude next month

Headline by Prism · from 1 report

Saudi Aramco will not supply European oil buyers with crude next month due to a pipeline attack.

1 outlet · 1 report · EnglishOne source so far

The record

Written from the 1 report below. Nothing here is unsourced.

  • Saudi Aramco has informed European refining customers that they will receive no crude shipments next month under their long-term contracts.
  • This disruption follows an attack on the kingdom's East-West pipeline, which typically delivers oil to the Red Sea.
  • Consequently, European refiners must now seek alternative sources, while Saudi Aramco works to restore pipeline capacity over the coming weeks.

What to watch next

  • Partial restart of the East-West pipeline within days
  • Timeline for ramping up pipeline to full capacity within six weeks
  • Future decisions on whether Aramco offers spot cargo terms to European refiners

Coverage1

1 report
English national1

All filed from India

Named Saudi Arabia · Poland · Egypt · Yemen · Orlen SA · Houthi · International Energy Agency · Saudi Aramco

Ask this story

Answers cite the reports above, or say they can't.

← Today’s record

Saudi Aramco informs European oil buyers of no crude next month | Prism