Writing the summary…
U.S. oil tops $105 as Saudi Arabia reportedly cancels some crude cargoes after pipeline closure
Source: CNBC
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Why Saudi Arabia’s East-West pipeline matters for global oil
- Brent crude tops $109 after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
- Oil’s safety net is fraying as Saudi Arabia races to restart a key pipeline
- Saudi Arabia cancels oil to Europe over East-West pipeline blast
- Oil prices fall as Saudi Arabia reportedly offers more crude via Hormuz after pipeline attack
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