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The attacks on Saudi oil supply effectively wipe out the world's spare capacity, S&P Platts says

The attacks on critical oil production facilities in Saudi Arabia over the weekend will “effectively” wipe out the world’s spare oil capacity, an expert from S&P Global Platts said on Monday. Drone strikes attacked a oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday, knocking out […]

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