Oil Loading Logjam at Crucial Oman Port Puts Flows Under Strain

Delays to crude loading at a vital Omani terminal outside of the Strait of Hormuz last month has upended collection schedules and may lead to late deliveries to buyers already starved of Middle Eastern supply.

Scheduled May-loading dates for Omani oil from Mina Al Fahal port are bunching up so much that buyers may not be able to collect all of their ordered cargoes before the end of the month, according to traders. The loading days may still change ahead of tankers arriving at the terminal, they added.