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Saudis Set to Restart Ras Tanura Oil Exports as Gulf Flows Rise

Saudis Set to Restart Ras Tanura Oil Exports as Gulf Flows Rise
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Saudis Set to Restart Ras Tanura Oil Exports as Gulf Flows Rise Top oil exporter Saudi Arabia appears to be about to restart loading crude at the Ras Tanura terminal inside the Persian Gulf, more than a week after a US-Iran peace deal was struck to free up the region’s petroleum flows. The Saudi-owned very large crude carriers Zaynah and Amad may be the first to load from the kingdom’s main export terminal. Automated position signals show the ships moving toward the single-point moorings at...

Saudis Set to Restart Ras Tanura Oil Exports as Gulf Flows Rise Top oil exporter Saudi Arabia appears to be about to restart loading crude at the Ras Tanura terminal inside the Persian Gulf, more than a week after a US-Iran peace deal was struck to free up the region’s petroleum flows. The Saudi-owned very large crude carriers Zaynah and Amad may be the first to load from the kingdom’s main export terminal. Automated position signals show the ships moving toward the single-point moorings at Ju’aymah, where they can take on cargoes, from the anchorage on Thursday morning.
Saudis Set (ORG) Saudi Arabia (LOCATION) Ras Tanura (PERSON) the Persian Gulf (LOCATION) US (LOCATION) Iran (LOCATION) Saudi (ORG) Zaynah (LOCATION) Amad (PERSON) Ju’aymah (ORG)
Originally published by Bloomberg Markets Read original →