Aramco CEO: Global oil supply decreased by approximately 1 billion barrels over two months

Odaily Planet Daily News: Saudi Arabian National Petroleum Company (Saudi Aramco) President and CEO Amin Nasser stated on the 10th that global oil supply has decreased by approximately 1 billion barrels over the past two months. In an interview with the media that day, Nasser said that even if energy flows return to normal, the entire system will need some time to return to normalcy.

Saudi Aramco stated that the East-West oil pipeline is an important supply artery, helping to mitigate the global energy shock and providing some assurance to customers affected by shipping restrictions in the Strait of Hormuz. (Jin Shi)