business 86d ago
Saudi Aramco Chief Flags Risks from Oil Capacity Concentration and Regional Conflicts
The Saudi Aramco CEO warns that the global spare oil capacity is heavily concentrated in the Middle East, posing supply risks. Prolonged regional conflicts could further threaten oil stability, impacting global markets. Investors should monitor regional tensions and OPEC policies for potential price fluctuations.
Timeline · 86d ago
87d ago
1 article · Middle East Eye
87d ago
1 article · Middle East Eye
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al-Kharj Governorate
al-Zulfi Governorate
Saudi Aramco
Middle East
Saudi Arabia