Saudi Aramco boss says global oil stockpiles 'scarily thin'
Category: Business
Share
Archive
Like
By
LONDON: Global oil stockpiles are 'scarily thin' owing to the US-Iran war, Saudi Aramco chief executive Amin Nasser said Monday, days after G7 nations agreed to release more of their inventories to ease supply concerns.
Also read: Aramco to boost Gulf exports to 60m barrels
'The system is already straining,' Nasser told the Energy Intellligence Forum in London. 'And with precious little else the world can turn to, the supply resilience cushion is scarily thin.'
A note on cookies
Newshunt uses essential cookies to keep you signed in and to remember your language and country, so the site works the way you expect. With your permission, we'd also like to use analytics cookies to understand how people use Newshunt and improve it over time.
Accepting only affects analytics. To learn more, view our Privacy Policy or Terms & Conditions.
(0)Comments