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Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
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Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It

Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It Authored by Leon Stille via OilPrice.com, Rerouting Saudi crude to Asia via Yanbu, Egypt’s SUMED pipeline and the Cape of Good Hope may add around $5 per barrel and up to four weeks to a voyage. That premium is small compared...

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