6 articles
Saudi Aramco CEO Amin Nasser stated that replenishing global crude and fuel stockpiles may take two years amid supply squeezes and conflict impacts. Approximately 3 billion barrels of supply were lost
Saudi Aramco CEO Amin Nasser warned global oil stockpiles are critically low due to Strait of Hormuz risks, noting emergency releases won't resolve long-term supply imbalances. Replenishment could tak
Saudi Aramco CEO Amin Nasser warns that closing the Strait of Hormuz would cause a weekly loss of 100 million barrels, exacerbating global supply shortages and pushing oil prices above $100 per barrel
Saudi Aramco CEO Amin Nasser reported a global oil supply reduction of approximately 1 billion barrels over the past two months. Q1 net profit rose 26% to $33.6 billion, supported by enhanced pipeline
Saudi Aramco reported a 26% profit surge to $33.6bn in Q1, using its east-west pipeline to bypass Gulf port closures. CEO Amin Nasser warns global oil markets may not normalize until 2027 if shipping
Saudi Aramco CEO Amin Nasser warned that ongoing shipping disruptions in the Strait of Hormuz could have catastrophic impacts on the oil market and global economy. With 17% of global oil transit at ri
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