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Saudi Aramco Warns the World on Low Oil Capacity

Saudi Aramco warns that the oil market remains tight, and the world should be concerned about it

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Saudi Aramco Warns the World on Low Oil Capacity

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  1. Saudi Aramco Warns the World on Low Oil Capacity Saudi Aramco warns that the international market for oil remains tight. According to the world’s largest oil producer, the capacity is deficient, which is not a good sign as we rely mainly on fossil fuels. Amin Nasser, the CEO of Saudi Aramco, said at a London conference that if a situation like economic improvement or the increase in the fuel demand by the aviation industry, the spare capacity will be eroded. Oil prices can increase soon, added Nasser. You can read the full content: https://businessupside.com/2022/10/13/saudi-aramco-warns-the- world-on-low-oil-capacity/ -------------------------- Business Upside Email ID: support@businessupside.com Phone No.: +1-425-605-0775 Visit Us: https://www.businessupside.com/

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