Saudi Arabia appears to have raised output within at least touching distance of that before the 14 September attacks on the 7mn b/d-capacity Abqaiq processing facility and the 1.45mn b/d Khurais field. But Opec Secretary General Mohammed Barkindo’s 25 September comments that, in market terms, the attacks are “behind us” may prove optimistic.
Saudi Energy Minister Prince Abdulaziz bin Salman, speaking on 17 September in the wake of the catastrophic attacks three days earlier, pledged that the country’s crude output capacity would rebound to 11mn b/d by the end of this month. (CONTINUED - 1206 WORDS)
