'Business as usual' for global oil after swift recovery, says organisation

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'Business as usual' for global oil after swift recovery, says organisation FMTNews

October 11, 2019 7:03 PM

Saudi Arabia, the world’s top oil exporter, has swiftly ramped production back up after the greatest single outage to global supply in modern times, the IEA said. The kingdom took just 11 days to restore lost output, though average supply there tanked by 770,000 barrels per day to just over 9 million bpd in September – the lowest level since 2011.

 

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