Shipping data shows that the weekly crude oil exports from Saudi Arabia's Yanbu Port have decreased by 15%.
London Stock Exchange Group and Kpler's shipping data show that as of the week ending March 30th, the crude oil export volume from the Saudi Red Sea port of Yanbu Port has decreased by about 15% compared to the previous week, with an average daily export volume of nearly 3.9 million barrels. In the previous week, the average export volume from this port was close to 4.6 million barrels per day. Kpler analyst Johannes Rauball said, "The decrease in exports may reflect issues with vessel availability and vessel discharge times." A shipping industry source stated that the Houthi forces have made statements about potential attacks on the Strait of Mandeb, which has caused some ship owners to be concerned about sending ships to this port.
Latest

