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Saudi Aramco to Resume Yanbu Shipments for Asian Refiners

Bloomberg Markets •
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Saudi Aramco has informally told several Asian refiners they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter. At least three fuel processors have received informal assurances about loadings from state-run company executives, rather than official notices. The traders, who asked not to be named as they are not authorized to speak to media, said no timelines were given.