Saudi Confirms a Full Recovery of Oil Production by End of November!

Saudi Arabia will fully recover the missing 5.7 million barrels of oil production capacity per day from the attack in September by the end of November.

Reuters has reported that Saudi Arabia’s Aramco will fully recover the missing 5.7 million barrels of oil production capacity per day from the attack in September by the end of November, according to Saudi Aramco CEO Amin Nasser.

The attack was believed to be from Houthi rebels, but Iran had dismissed the claimed.

Brent and WTI went down by 0.38% and 0.30%, respectively after the news broke out.

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