The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks
Green Car Congress
JULY 16, 2017
Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. If the all production needs to be shut-down, Saudi Aramco’s overall production capacity will be cut by 900,000 bpd. Saudi August crude exports could fall to around 6.6
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