13 Million Barrels Of Oil Could Be Affected By Suez Canal Blockage ...Middle East

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13 Million Barrels Of Oil Could Be Affected By Suez Canal Blockage
source : OILPRICE ( Middle East ) () 22
As many as 10 crude tankers carrying around 13 million barrels of oil could be affected by the disrupted traffic in the Suez Canal, which was blocked early on Wednesday when a huge container ship ran aground, oil analytics firm Vortexa said. The approximate rate of backlog is around 50 vessels per day, and any delays leading to re-routings will add 15 days to a voyage between the Middle East and Europe, Vortexa noted.   Some 12 percent of global trade, and about 9 percent of total seaborne traded petroleum, including crude oil and refined…

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