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Tag Archives: Oil oversupply

Saudis May Re-Route Tankers if U.S. Imposes Crude Import Ban. (Good)

Oil tanker at sea

REUTERS, APRIL 22, 2020 By Jonathan Saul, Devika Krishna Kumar and Olga Yagova LONDON/NEW YORK/MOSCOW – Saudi Arabia is looking into re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the Kingdom, shipping and trade sources say. Some 40 million barrels of Saudi oil are on their …

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