Newsquawk Logo

Kpler data shows 10mln/bbl of crude loading from Al-Muajjiz (Saudi) between March 1st and 4th, which if sustained would be a record pace, Kpler's Bakr reports. Adding, a minimum of three VLCCs in the Red Sea are signalling to Yanbu and more heading there

The report of 10 million barrels of crude loading from Al-Muajjiz on a potentially record pace signals a substantial increase in supply, which could weigh on WTI and Brent prices if sustained.

Newsquawk StaffPublished On the live feed at — 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Newsquawk Daily European Opening News - 5th March 2026

Petronet (PLNG IS) reportedly issues force majeure

Kpler data shows 10mln/bbl of crude loading from Al-Muajjiz (Saudi) between March 1st and 4th, which if sustained would be a record pace, Kpler's Bakr reports. Adding, a minimum of three VLCCs in the Red Sea are signalling to Yanbu and more heading there

Russian Ambassador Alipov says they are always open to oil supplies to India

Japanese oil refiners have reportedly asked the government to release oil from national reserves, Bloomberg reports; also discussing the use of oil stored in tanks leased to oil-producing countries in case of emergency

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
  • Tanker activity is an early sign of repositioning, despite heightened risks.
Context

The presence of multiple Very Large Crude Carriers (VLCCs) heading to Yanbu adds to the supply-side narrative, suggesting market sentiment may begin to shift especially amidst rising geopolitical tensions and logistical risks.

External

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.