'No crude oil next month: Saudi Aramco to some European refiners after pipeline attack

Saudi Aramco has informed at least two European refining customers that they will receive no crude oil next month following an attack on a key Saudi pipeline to the Red Sea, Bloomberg News reported on Friday.European customers typically receive Saudi crude under term contracts that guarantee a steady monthly supply. However, those deliveries will not take place next month, people familiar with the matter told Bloomberg News, adding that the decision applies to all European buyers.Saudi Aramco operates the 1,200-km (745-mile) East-West Pipeline, which runs across the Arabian Peninsula.