Tuesday 17 September 2019

MIDEAST STOCKS- #Saudi leads losses as major Gulf markets slide - Agricultural Commodities - Reuters

MIDEAST STOCKS-Saudi leads losses as major Gulf markets slide - Agricultural Commodities - Reuters:

Saudi Arabian stocks fell in early trade on Tuesday amid fears of oil shortages following attacks on two of the country’s key plants on Saturday that shut over 5% of global supply. Other major Gulf markets also slid. 


Saudi Arabia has shut down its crude oil pipeline to Bahrain and Saudi Aramco informed PetroChina that its loadings of light crude oil for October will be delayed by about 10 days.

Furthermore, at least two refined product tankers that were due to load at Saudi Arabia’s Jubail port in mid to late September have been diverted.

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