An oil pipeline belonging to Saudi Aramco, Saudi Arabia’s oil company, caught fire earlier Wednesday during construction repairs but the fire was limited and has been brought under control, a source at the company said. The source didn't give further details but said the company is expected to issue a statement soon .... http://online.wsj.com
Wednesday, November 05, 2014
Saudi Oil Pipeline Catches Fire But It Was Brought Under Control
Prices briefly jumped after rumors circulated on Twitter that a pipeline exploded in Saudi Arabia, raising fears that the country’s crude production and exports could be curtailed.
An oil pipeline belonging to Saudi Aramco, Saudi Arabia’s oil company, caught fire earlier Wednesday during construction repairs but the fire was limited and has been brought under control, a source at the company said. The source didn't give further details but said the company is expected to issue a statement soon .... http://online.wsj.com
An oil pipeline belonging to Saudi Aramco, Saudi Arabia’s oil company, caught fire earlier Wednesday during construction repairs but the fire was limited and has been brought under control, a source at the company said. The source didn't give further details but said the company is expected to issue a statement soon .... http://online.wsj.com
