4 min listen
Coping with disruption: Saudi oil keeps flowing at higher prices
FromArgus Media
ratings:
Length:
6 minutes
Released:
Oct 17, 2019
Format:
Podcast episode
Description
Higher freight rates are exacerbating the price impact of September’s attack on Saudi Arabia’s oil infrastructure and the ensuing disruptions. While the kingdom has managed to stage an impressive recovery in output, ensuring all its customers remain adequately supplied, crude grades flowing from almost every region to Asia-Pacific are still posting record or multi-year high prices relative to their benchmarks. The deteriorating economics for long-haul crude shipments is helping embed tightness across Asian physical crude markets.
Presented by Alejandro Barbajosa, Argus Media Vice-President, Crude, Middle East and Asia-Pacific.
Presented by Alejandro Barbajosa, Argus Media Vice-President, Crude, Middle East and Asia-Pacific.
Released:
Oct 17, 2019
Format:
Podcast episode
Titles in the series (100)
The return of Saudi petrochemical feedstock after curbs and its implications: Most Saudi petrochemical producers announced feedstock curbs of between 15 and 50pc in the immediate aftermath of the mid-September attacks on the country's oil installations. Petrochemical feedstock curbs are easing with a majority of producers anno... by Argus Media