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Saudi Arabia aims to restore 30% crude oil production in the coming hours


According to oil company sources, "we should be able to have two million barrels a day by tomorrow"

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by Tiziana Di Giovannandrea 15 September 2019The Saudi oil company Saudi Aramco announces that he plans to restore by tomorrow, Monday - two days after the drone attacks on the two crude oil processing sites - 30% of the daily oil supply, therefore about a third of the interrupted production that blew up 5% of global oil supplies. The two sites attacked were Abqaiq, which has the largest oil processing plant in the world, and Khurais.

The Wall Street Journal writes. According to oil company sources: "We should be able to have two million barrels a day by tomorrow."

News of the rapid return to near normality of the United Kingdom's supply of crude oil after halving production by 5.7 million barrels per day, more than half of the total daily supply of 9.8 million, should curb the risk of a sharp rise in oil prices at the opening of the markets, as predicted by various analysts.

The International Energy Agency, which closely monitors the evolution of the situation, has made it known that it has been alerted and is ready to immediately provide for the release of strategic oil stocks.

Source: rainews

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