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Saudi Arabia shuts down about half its oil output after drone strikes


spin_dry

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3 minutes ago, steve from amherst said:

Looking at the scope of those fires, I wouldn’t be too sure. 

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People with knowledge of Saudi's oil operations told CNN that capacity at Aramco's oil facilities is "down at this stage by 5 million barrels a day," meaning 5% of the daily global oil is affected.
Aramco "hopes to have that capacity restored within days," the source said.
The International Energy Agency is closely "monitoring the situation," the IEA said in a tweet. For now, "markets are well supplied with ample commercial stocks," the IEA said.
 
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10 hours ago, XCR1250 said:
People with knowledge of Saudi's oil operations told CNN that capacity at Aramco's oil facilities is "down at this stage by 5 million barrels a day," meaning 5% of the daily global oil is affected.
Aramco "hopes to have that capacity restored within days," the source said.
The International Energy Agency is closely "monitoring the situation," the IEA said in a tweet. For now, "markets are well supplied with ample commercial stocks," the IEA said.
 

But we will still see an increase at the pumps.

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  • Trying to pay the bills, lol

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