Saudi Arabia has recovered around 75% of the production lost due to the recent drone attacks on two major oil plants in Khurais and Abqaiq, Reuters reported.
Production from Khurais has now exceeded 1.3 million barrels of oil per day (b/d), while Abqaiq reached about 3 million b/d, industry sources were quoted as saying, noting that production facilities are expected to restore their full capacity by next week.
Attacks on Saudi Aramco’s largest Saudi oilfields in Khurais and the world’s biggest crude processing facility at Abqaiq have partially halted the company’s production, reducing Saudi oil output by more than half, specifically around 5.7 million barrels per day (b/d), which makes for about 5% of the global oil supply.