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Market Chatter: Saudi Aramco Increases Spot Oil Supplies to Europe Following Pipeline Restart
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01:10 AM EDT, 10/28/2026 (MT Newswires) -- Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, is making additional crude oil shipments available to European refiners for October and November following the restart of its East-West pipeline, Bloomberg News reported Tuesday, citing a person familiar with the matter. The Saudi Arabian state-owned oil giant offered late-October cargoes at a discount to its official selling price, with shipments available from either the Sidi Kerir or the Yanbu ports. Further cargoes for November loading were offered last week, according to the report. Aramco previously suspended October deliveries under term contracts following an attack on the pipeline but has since confirmed full November allocations to European customers, the report added. Aramco did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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