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Prince Abdulaziz

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Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh (AFP)
September 18th, 2019 - 06:59 GMT

Oil Prices Fall by 6% After Saudi Promised to Restore Output in Weeks

Oil prices fell by more than six per cent yesterday after Saudi Arabia said its output would return to normal within weeks following crippling drone strikes on Saturday. The attacks on Saturday, which America says were launched from Iran, knocked out production of 5.7million barrels a day – around five per cent of global oil production. It sparked fears of an oil crisis and a conflict in the tinderbox Gulf ...
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