EGEGazette
BusinessOfficialReported
US Energy Secretary Says Saudi Pipeline to Resume Operations Within Days
Chris Wright described the disruption as "brief and temporary," according to a report by Anadolu Agency.
· 1 min read
Tagged “pipeline”
Clear
EconomyOfficialReported
Kazakhstan Says It Is Interested in Hosting Power of Baikal Pipeline Route
Kazakh Vice Minister of Energy says Almaty wants the pipeline to cross its territory but is not part of ongoing route negotiations, according to TASS.
· 1 min read
EGEGazette
WorldReported
Saudi Arabia Closes East-West Pipeline After Drone Attack from Iraq
U.S. Energy Secretary says the closure will last only days following damage sustained in the strike.
· 1 min read
EGEGazette
EconomyReported
Saudi Arabia Works to Restore Key Oil Pipeline as Analysts Warn of Price Risks
CNBC reports that Saudi Arabia is racing to bring its East-West pipeline back online, with analysts cautioning that oil prices could surge if the outage outlasts existing inventory buffers.
· 2 min read
EGEGazette
BusinessReported
Saudi Arabia Moves to Restart Key Pipeline as Oil Market's Safety Net Frays
Analysts cited by CNBC warn that crude prices could rally sharply if the East-West Pipeline stays offline beyond a five-to-seven-day inventory buffer.
· 2 min read