The Energy Minister of Saudi Arabia said on Tuesday that the country’s oil supply is fully back online after attacks On Aramco Oil Plants halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September and 12 million bpd by the end of November.
Minister Prince Abdulaziz bin Salman also told a press conference that oil production in October would be 9.89 million bpd and that the world’s top oil exporter would keep full oil supplies to customers this month.
Earlier today, Saudi Aramco has informed at least six refiners in Asia that it will supply full allocated volumes of crude oil in October following attacks on Saudi oil facilities on the weekend, although at least one has been told of a grade switch partially.
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27 September, 2019