Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks - Hallo friend US WORD ARMY, In the article you read this time with the title Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

Title : Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks
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Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks

VOA: Saudi Arabia: Drone Attacks Halted Half Its Oil Production

Saudi Arabia's energy minister said Saturday that drone attacks on two Aramco oil facilities have cut the kingdom's oil production in half.

Amateur video of the early morning attack in Abqaiq, in eastern Saudi Arabia, showed several blazes raging. By afternoon, video showed huge plumes of smoke rising into the sky. Saudi officials said no workers were killed or injured in the attacks.

A military spokesman for Yemen’s Houthi militia, Col. Yahya Saree, claimed responsibility Saturday for the drone attacks on Saudi oil facilities and vowed to increase them if Saudi-coalition forces continued their strikes on targets inside Yemen. It was not clear, however, if the drones originated in Yemen.

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WNU Editor: I doubt that this was a lucky military strike. This was a well thought of and planned attack, deliberately targeting the critical components responsible for oil production at these two Aramco oil facilities, especially the Abqaiq oil processing facility. I doubt very much that the Houthis have that type of intelligence, which is why everyone is blaming Iran. As to how long will this production cut last? The latest videos show extensive fires ongoing throughout the complex. It will probably take months to fix and resume production. And here is an easy prediction. Even though other oil producers will rush in to fill demand, expect a massive increase in oil and gas prices in the coming weeks .... Saudi attacks: Oil price to spike as production halves (DW).

More News On The Impact Of Oil Production And Oil Prices After This Weekends Attack On Saudi Arabia's Oil Facilities

Saudi oil production cut by 50% after drones attack crude facilities -- CNBC
Coordinated strikes knock out half of Saudi oil capacity, more than 5 million barrels a day -- CNN
Attacks on Saudi facilities threaten spare oil capacity, price hikes -- Reuters
Analyst view: Saudi attacks raise spectre of oil at $100/barrel -- Reuters

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Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks

Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks

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Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks

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Half Of Saudi Arabia's Oil Production Is Shut Down. Will Probably Last A Long Time. Expect Massive Increases In Oil And Gas Prices In The Coming Weeks

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