Yanbu Is Loading Again. WTI Is $89.81 This Morning
Reuters said Wednesday that Saudi Arabia resumed tanker loadings at Yanbu after the East-West line restarted. WTI was $89.81, up 43 cents or 0.48 percent. The November Brent contract, which expires today, was $103.30. That is a Red Sea cargo print. It is not a Hormuz reopen and not a Canadian issuer note.