MIDEAST STOCKS-Saudi stocks stumble as Aramco oil supply disruption felt - Reuters:
Saudi Arabian shares fell on Tuesday,
with petrochemical stocks under pressure after the weekend
attacks on Saudi Aramco's oil facilities disrupted the kingdom's
oil supply.
Saudi Arabia's stock index declined 0.7%, with the
Gulf's largest petrochemical firm Saudi Basic Industries (SABIC)
dropping 3.2% as the firm traded ex-dividend.
In addition, SABIC and other petrochemicals firms announced
significant reductions in their feedstock supplies following
Saturday's attacks on the Aramco facilities.
Saudi Arabia has shut down its crude oil pipeline to Bahrain
and Aramco informed PetroChina that its loadings of
light crude oil for October will be delayed by about 10 days.
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