Tag Archives: Saudi to tap vast oil stores after Abqaiq attacks disrupt output

Riyadh: Saudi Arabia will use its vast oil reserves to offset disruption to production after an attack on two major oil facilities, its energy minister said Sunday. The drone strikes Saturday on national energy giant Aramco’s processing plants in Abqaiq and Khurais knocked 5.7 million barrels per day (bpd) off production, close to six percent of global crude supplies. “Part …

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