Saudi Arabia map

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.

To continue reading, please register here for free

Already registered ? - Sign in here
specialreports
other gfm publications
GFM corporate logo