CLICK TO SHARE
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)
The world’s largest oil processing facility has been hit in a drone attack.
— Sky News (@SkyNews) September 14, 2019
The IEA is monitoring the situation in Saudi Arabia closely. We are in contact with Saudi authorities as well as major producer and consumer nations. For now, markets are well supplied with ample commercial stocks.
— IEA (@IEA) September 14, 2019
Post a comment.
Anonymous comments are welcome, just check the "Comment Anonymously" box before submitting your comment. If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.
CLICK TO SHARE