Moody’s: Quick return of Saudi oil output to demonstrate resilience

Capt. John

Saudi Arabia’s ability to quickly restore oil production after the weekend’s attacks on its oil facilities would demonstrate an important degree of resilience to potentially very damaging shocks, Moody’s said in light of the recent drone attacks against Saudi Arabia’s plants.

On 14 September, the drone strikes on plants of the state-owned oil company Saudi Aramco, in the heartland of Saudi Arabia’s oil industry, including the world’s biggest petroleum processing facility, knocked out more than...

https://safety4sea.com/moodys-quick-return-of-saudi-oil-output-to-demonstrate-resilience/

Leave a Comment