Saudi Arabia has offset only about half its lost Bab-el-Mandeb shipments via the northern Suez route, leaving a net ~1mn bpd supply loss and pushing the Global Daily Crude Oil Deficit to 14.6mn bpd.
Saudi Arabia has offset only about half its lost Bab-el-Mandeb shipments via the northern Suez route, leaving a net ~1mn bpd supply loss and pushing the Global Daily Crude Oil Deficit to 14.6mn bpd.