View Single Post
Old 05-06-2026 | 10:21 AM
  #1663  
OpieTaylor
Line Holder
 
Joined: Jul 2021
Posts: 621
Likes: 47
Default

Originally Posted by jerryleber
The Saudi East-West pipeline system (Petroline) can transport up to 7m bpd, though in early 2026, about 2m bpd was being used, leaving some spare capacity, but the Red Sea port of Yanbu can only handle about 5m bpd. So that is an additional 3m bpd and the UAE's Abu Dhabi Crude Oil Pipeline (ADCOP) is now pumping near its max of 1.8m bpd up from its normal 1.0m bpd. So that would mean an additional 3.8m bpd or about 20% of what typically goes through the Strait of Hormuz. And if the Yanbu crude heads south it has to go by Yemen and the Houthi’s and Iran has been targeting the ADCOP Fujairah terminal.
They have a natural gas line that can be converted to oil, and there is one from Iraq out to the Med.

The info is available to oil traders trying to call the future price of oil. How many thousands are you willing to invest on your Google search,

Trump is full of problems and errors, but that doesn’t make oil traders worse at their job.
Reply