Saudi Aramco to update information on expected timeline of repairs by Sept 30
|Headlines crossed the wires earlier this Wednesday, via Reuters, citing an update on the expected timeline of the Aramco plant repairs.
Key Details:
Last week it was announced that the plant would return to normal within weeks.
However, over the weekend it was an announcement the timeline will be in months.
Saudi Aramco will update information on the expected timeline of repairs by September 30.
Both crude benchmarks trade mixed in Wednesday Asian trading, with WTI down -0.65% near 56.90 while Brent is up 0.35% near 62.60. Focus on US API Crude Stocks data.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.