Oil prices, production back to normal after Saudi Arabia attacks, but security concerns remain

By Beatrice Bedeschi – A month after the drone attacks on the Abqaiq and Khurais oil facilities, Saudi Arabia has surprised observers by being able to bring oil production capacity to nearly pre-attack levels, which has quickly stabilised oil prices after the spikes seen in the immediate aftermath of the incidents.

Nonetheless, in the long-term the country remains heavily exposed to potential further similar incidents, raising the issue of security of supply at key production assets, commentators told Hedgeweek.

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