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Commodities

Tanker seen loading at key Saudi hub for first time in weeks, Bloomberg reports

StockNow breaking-news AI analysis

A VLCC loading at Saudi Arabia's Ju’aymah hub for the first time in weeks signals a potential recovery in Persian Gulf exports, potentially easing global oil supply concerns.

News detail

A satellite image from the EU’s Sentinel 2 orbiter, captured on Tuesday, shows a very large crude carrier, capable of loading about 2mln barrels of crude, moored at one of Ju’aymah’s single-point moorings.

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