Yanbu’s stocks cover Saudi exports; pipeline repair takes weeks

Reuters reported that oil supplies in the Saudi city of Yanbu are sufficient for the country's exports for only about five to seven days, due to maintenance work on the oil pipeline known as the East-West Pipeline, which could take more than six weeks. This anticipated closure may impose additional pressure on Saudi oil export movement in the coming period, relying on a limited stockpile that is equivalent to just about one week of current production.

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