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Market Chatter: Saudi Aramco to Reportedly Resume Deliveries from Red Sea Soon

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Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, has informally assured certain Asian fuel processors that they would soon be able to pick up their deliveries from the Red Sea's Yanbu port.

Bloomberg News reported Tuesday, citing unnamed traders with knowledge of the matter, that the oil major's executives informed at least three refiners about the expected loadings, without giving any official notices or timelines.

Shipments from Yanbu were halted after the East-West pipeline was attacked by drones on Sept. 10.

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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