Heads up oil traders: Big pipeline explosion reported in Saudi Arabia

Unconfirmed reports at the moment but a pipeline belonging to Saudi Aramco in Sudair Saudi Arabia.

Coming from the twittersphere just now.

Brent jumped up on the news with futures hitting 84.44 but have since fallen back to 83.88

Brent crude 5 min chart 05 11 2014

Brent crude 5 min chart 05 11 2014

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