Ras Tanura

Crude Drops for First Time in Three Days as Saudis Deny Report of Damage

Oil fell for the first time in three days after Saudi Arabia denied a report of a pipeline explosion in its Eastern province and as the dollar headed for its biggest weekly gain in almost two months.

Saudi Arabia Fire News Oil-Price Swing Shows Global Supply Vulnerability

Oil’s 4.8-percent price swing yesterday on reports of a fire in Saudi Arabia, the world’s biggest crude exporter, show the market’s vulnerability to supply disruptions as sanctions hamper sales from Iran.

Oil Is Poised for Weekly Decline After Saudi Denial of Pipeline Explosion

Oil fell in New York and headed for the first weekly decline in four after Saudi Arabia denied a reported pipeline explosion in its Eastern province.

Oil Rises to $110 on Report of Pipeline Explosion

Oil climbed over $110 a barrel for the first time since May after an Iranian state-run news channel reported an explosion on a pipeline in Saudi Arabia. A Saudi official said no oil facilities were sabotaged.

Stocks Rally as Spanish Bonds Gain, Treasuries Retreat; Crude Oil Surges

Stocks and commodities rose, while Treasuries slid, as borrowing costs fell for Spain and France and U.S. jobless claims matched a four-year low. Oil extended gains, tempering the rally in stocks, on reports of a pipeline explosion in Saudi Arabia.

Saudi Arabia Sees No Sabotage to Petroleum Facilities, Official Says

Saudi Arabia said late today there was no sabotage to its oil facilities in the Qatif region. The statement came from Major General Mansour Al-Turki, a spokesman for the Ministry of Interior, after reports of a fire near the Ras Tanura refinery.

Saudi Arabia Tanker Load Capacity Gains 22%, Ship Data Show

The carrying capacity of oil tankers that docked at Ras Tanura, Saudi Arabia’s biggest crude-loading port, gained 22 percent in the latest week, according to ship- tracking data compiled by Bloomberg.

Saudi Aramco Raises March Oil-Price Differentials to Europe, Cuts to U.S.

Saudi Arabian Oil Co., the world’s largest crude exporter, raised differentials used in determining its official selling prices for all grades to customers in Northwest Europe and the Mediterranean for shipments in March.

Saudi Arabia Tanker Load Capacity Expands 2.8%, Ship Data Show

The carrying capacity of oil tankers that docked at Ras Tanura, Saudi Arabia’s biggest crude-loading port, expanded 2.8 percent last week, according to ship-tracking data compiled by Bloomberg.

Saudi Arabia Tankers’ Load Capacity Shrinks 9.5%, Ship Data Show

The carrying capacity of oil tankers that docked at Ras Tanura, Saudi Arabia’s biggest crude-loading port, shrank 9.5 percent last week, according to ship-tracking data compiled by Bloomberg.

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