Quote:
Originally Posted by burn_this_city
Saudi is highly secretive, only recently have they even told the world how much they produce from each field. The chances they can repair their sulfur treating trains in a few days or weeks seems highly suspect. I think this is a few month outage, and when storage draws down below the 60 days of consumption level oil will keep climbing. Just look at how long Husky's Superior refinery is offline, fire in April 2018, not due back online until 2021.
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Definitely agree it'll be longer. Not sure on impact to global storage etc with the ability/likelihood to divert the crude to other desulphurization / vapor stabilization plants.
https://twitter.com/user/status/1173638998457290753