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Live Updates  >  Live Update Details

2026-09-16 13:10:08

[Saudi Arabia’s key pipeline closure triggers supply concerns, prompts Japanese refiners to increase Middle Eastern crude oil purchases ahead of schedule] (1) Amid concerns about near-term crude oil supply due to the closure of a key Saudi Arabian pipeline, Japanese refiners have increased their purchases of Middle Eastern crude oil. (2) Eneos Holdings and Idemitsu Kosan recently purchased Omani crude oil, with shipments expected as early as October, according to informed traders. (3) These traders indicated that the purchases were made earlier than usual; typically, Persian Gulf crude oil purchased in September would be shipped in November.

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