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Saudi Aramco CEO: Global oil supply reduced by approximately 1 billion barrels over two months
Mars Finance News, according to Jintou reports, Saudi Aramco President and CEO Amin Nasser stated on the 10th that over the past two months, global oil supply has decreased by approximately 1 billion barrels.
Nasser said in an interview with the media on the same day that even if energy flows return to normal, the entire system will need some time to stabilize.
Saudi Aramco also stated that the east-west oil pipelines are important supply arteries, helping to alleviate global energy shocks and providing some security for customers affected by shipping restrictions through the Strait of Hormuz.