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Market move● Neutral for Indian equities
Gulf of Oman ship-to-ship oil transfers reach limit as Saudi exports surge
- Mideast oil exports rebound in September as Saudi Arabia boosts shipments
- Sitharaman to visit Qatar for AIIB annual meeting on September 27–29
- Saudi shifts Riyadh schools to remote learning
- Saudi Aramco works with Evercore on gas unit plans
- Azerbaijan signs investment agreements worth more than $10 billion
Saudi oil shipments through the Strait of Hormuz
Saudi Arabia increased crude shipments to Asian buyers, including India and China, as the Iran war and Hormuz crisis raised supply concerns. Ship-to-ship oil transfers in the Gulf of Oman have reached capacity amid the surge in exports.
Friday, 25 September
- Gulf of Oman ship-to-ship oil transfers reach limit as Saudi exports surge