Saudi Aramco to Restore Full Crude Supplies to European Refiners in November

Saudi Aramco has told at least three European refiners it will meet their full crude oil requirements for November after the resumption of operations on the East-West pipeline, easing pressure on buyers that sought alternative supplies during the October disruption. Last month, Aramco allocated no crude to European refiners following an attack on the pipeline, prompting a rush for replacement cargoes. Orlen SA, the biggest buyer of Saudi crude, issued more than ten tenders to buy alternative barrels.