Saudi Arabia's oil supply fully back online: energy minister

JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's oil supply is fully back online after weekend attacks 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, the energy minister said on Tuesday. 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. He said Saudi Arabia would keep its role as the secure supplier of global oil markets, adding that the kingdom needed to take strict measures to prevent further attacks

Reuters September 18, 2019 02:07:18 IST
Saudi Arabia's oil supply fully back online: energy minister

Saudi Arabias oil supply fully back online energy minister

JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia's oil supply is fully back online after weekend attacks 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, the energy minister said on Tuesday.

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.

He said Saudi Arabia would keep its role as the secure supplier of global oil markets, adding that the kingdom needed to take strict measures to prevent further attacks.

(Reporting by Rania El Gamal and Stephen Kalin; Additional reporting by Maher Chmaytelli and Maha El Dahan in Dubai; Writing by Ghaida Ghantous; Editing by Chris Reese)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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