"We can achieve pre-conflict production levels within a matter of days. We can achieve maximum production capacity—12 million barrels per day—within three weeks if requested," he said.
As stated in the company's report, Saudi Aramco's hydrocarbon output in the second quarter decreased to 9.463 million barrels of oil equivalent daily, down from 12.78 million barrels from the previous year due to the ongoing conflict in the Middle East.
The company had earlier indicated that it anticipated a rise in oil demand in the upcoming years.
source: reuters.com
As stated in the company's report, Saudi Aramco's hydrocarbon output in the second quarter decreased to 9.463 million barrels of oil equivalent daily, down from 12.78 million barrels from the previous year due to the ongoing conflict in the Middle East.
The company had earlier indicated that it anticipated a rise in oil demand in the upcoming years.
source: reuters.com