Global oil stocks are alarmingly low and could take two years to rebuild, Aramco warns
First reported 5 Oct, 16:21 UTCUpdated 6h ago3 sources
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The CEO of the world's biggest oil company warned at a conference that the global oil supply system is reaching its limit and that replenishing global oil stockpiles could take two years.
Excerpt from Euronews
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Saudi Aramco chief warns of 'scarily thin’ global oil stockpiles, amid war on Iran The chief executive of Saudi Aramco warned that the world's oil stockpiles are now "scarily thin". In his first public speech since the US-Israel war on Iran began, Amin Nasser said the conflict reduced oil supply from the region by…
The CEO of the world's biggest oil company warned at a conference that the global oil supply system is reaching its limit and that replenishing global oil stockpiles could take two years.
After G7 nations agreed to release more of their inventories to ease supply concerns, Aramco boss Amin Nasser has warned that the 'system is already straining'.
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- Saudi Aramco boss admits global oil stockpiles are 'scarily thin' amid mounting chaos in Middle East (opens Daily Mail in a new tab)
After G7 nations agreed to release more of their inventories to ease supply concerns, Aramco boss Amin Nasser has warned that the 'system is already straining'.
- Saudi Aramco chief warns of 'scarily thin’ global oil stockpiles, amid war on Iran (opens Middle East Eye in a new tab)
Saudi Aramco chief warns of 'scarily thin’ global oil stockpiles, amid war on Iran The chief executive of Saudi Aramco warned that the world's oil stockpiles are now "scarily thin". In his first public speech since the US-Israel war on Iran began, Amin Nasser said the conflict reduced oil supply from the region by…
- Global oil stocks are alarmingly low and could take two years to rebuild, Aramco warns (opens Euronews in a new tab)
The CEO of the world's biggest oil company warned at a conference that the global oil supply system is reaching its limit and that replenishing global oil stockpiles could take two years.
