Saudi Arabia Unlikely To Sacrifice Spare Oil Capacity
Oil & Gas / Saudi Arabia / Mon 09 Jul, 2018
Key View: Questions are being asked as to the extent to which Saudi Arabia will increase its production, to offset shortfalls elsewhere in the market. We believe that while a large volume of barrels will be returned over the coming months - likely upwards of 1mn b/d - the kingdom will be reluctant to exhaust its substantial spare capacity.
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