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Report: Drone Strikes On Saudi Oil Facilities Wipe Out 5% Of Global Oil Supply

Added 09-14-19 04:16:02pm EST - “Yemen's Houthi rebels took credit Saturday for targeting Saudi Arabian state-owned oil facilities in a drone attack, according to reports.” - Dailycaller.com

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Posted By TheNewsCommenter: From Dailycaller.com: “Report: Drone Strikes On Saudi Oil Facilities Wipe Out 5% Of Global Oil Supply”. Below is an excerpt from the article.

Yemen’s Houthi rebels took credit for targeting Saudi Arabian state-owned oil facilities in a drone attack that reportedly forced half of the country’s oil supply, or 5% of the global oil supply, to shut down Saturday.

Ten drones struck Saudi Aramco oil facilities in Saudi Arabia’s Eastern Province, according to people familiar with the attack, The Wall Street Journal reported.

Fires the strikes caused disrupted the production of 5 million barrels of oil per day, which the region hopes to restore by Monday, sources said. Its regular production level is 9.8 million barrels a day, CNN Business reported.

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, Sept. 14, 2019. REUTERS/Stringer

Saudi Arabia is the world’s largest oil producer and contributes about 10% of the world’s total supply. (RELATED: Saudi Arabia Increases Oil Output Following Pressure From Trump)

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