Will Saudi’s pipeline outage revive the oil market deficit? HSBC weighs in
Oil prices firmed on Monday after news that Saudi Arabia’s East-West crude pipeline, a key bypass route from the Gulf to the Red Sea, will be mostly offline for three to five weeks for repairs following an attack last week. Analysts led by Kim Fustier said the outage represents “a negative surprise” relative to their ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
