Yanbu VLCC liftings broaden as freight premiums surge

In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West pipeline approaches full operating capacity (7mbd, industry sources). The shift is designed to keep barrels moving while the Strait of Hormuz remains heavily constrained, but Yanbu’s loading limit of 4.5mbd (Argus) is well beyond Vortexa’s observed historical peak monthly export rate of …

Scroll to Top