Saudi pipeline outage threatens loss of 4% of global oil supply

Saudi Arabia

What to know

  • Drone strikes that damaged a Saudi pipeline yesterday could cut up to 4% of global oil supply and spur even higher fuel prices.S1
  • Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of global oil supply.S2
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Saudi pipeline outage threatens loss of 4% of global oil supply

Drone strikes that damaged a Saudi pipeline yesterday could cut up to 4% of global oil supply and spur even higher fuel prices.

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Saudi Oil Shock: Pipeline Outage Risks 4% Of Supply Worldwide, Says Report

Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of…

Saudi pipeline outage threatens loss of 4% of global oil supply

2 outlets 2 reports

What to know

  • Drone strikes that damaged a Saudi pipeline yesterday could cut up to 4% of global oil supply and spur even higher fuel prices.S1
  • Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of global oil supply.S2
Timeline · newest first

Sources · 2 citations

S1 Jpost 1 report · EN