Unsuccessful Houthis attacks on Saudi oil infrastructure

After a bull run placing Brent prompt price below 70 $/b on Friday, the rally continued on Monday as Saudi top intelligence officials reported a failed drone strike by the Houthis on the Ras Tanura oil farm. Ras Tanura is the key chokepoint of the global oil supply, with 3.5 mb/d of export capacity. On Sunday, Saudi Aramco unveiled its official selling prices for its crudes, raising differentials to Asia. Chinese crude oil exports recovered in January and February to 11.1 mb/d growing by 4% y/y. 

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January 19, 2022

2022 Energy market outlook

The EnergyScan team held its quarterly webinar covering key trends and events on energy markets. In this webinar, our experts addressed the following topics, with…
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