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Market Chatter: Aramco Said Among Companies Resuming Oil Shipments Via Hormuz

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-- Saudi Arabian Oil Co.'s (SASE:2222), d/b/a Saudi Aramco, is reportedly among the companies that were able to move oil cargoes through the Strait of Hormuz since its blockage began in March.

Bloomberg News reported Friday, citing people familiar with the situation, that shipments involving Aramco Trading and Abu Dhabi National Oil Co, or Adnoc, are mostly taking place with transponders turned off to avoid vessel detection.

Aramco did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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