Saudi Aramco Expands Strait of Hormuz Crude Exports, Loads 14 Million Barrels on 7 VLCCs
JH Kim
Summary
- Reports said Saudi Arabia’s state-owned oil company Aramco expanded crude oil exports through the Strait of Hormuz.
- Walter Bloomberg, citing Reuters, reported that Aramco loaded a total of 14 million barrels of crude onto seven VLCCs.
- Satellite images reviewed by Reuters also showed seven tankers near Ras Tanura port.
Saudi Arabia’s state-owned oil company Aramco loaded 14 million barrels of crude in a single day as it increased exports through the Strait of Hormuz.
Walter Bloomberg, citing Reuters, reported on September 21 that Aramco loaded a total of 14 million barrels of crude onto seven very large crude carriers, or VLCCs, at Gulf terminals that day.
Satellite images reviewed by Reuters also showed seven tankers near Saudi Arabia’s Ras Tanura port on the same day.
The shipment came as Aramco increased the volume of crude exports moving through the Strait of Hormuz.
JH Kim
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