Analyst: Saudi likely to maintain exports, use reserves in near term

ABS-CBN News

Posted at Sep 16 2019 10:07 PM

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Saudi Arabia's Aramco gave no timeline for when output would resume following drone attacks on the state-run company's oil plants. But Paul Hickin, associate director of S&P Global Platts, says Saudi Arabia will likely be able to maintain exports as it can use global reserves in areas like Netherlands, Egypt, Japan, China, and India to ensure supply security.