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Sat, 18 Jan 2020 06:57 GMT

IEA Says Oil Markets 'Well Supplied,' After Saudi Oil Facilities Attacks

Business

7Dnews London - Reuters

Sat, 14 Sep 2019 18:14 GMT

The International Energy Agency affirmed that the global oil markets are currently "well supplied with ample commercial stocks," in the wake of attacks on Saudi oil facilities on Saturday September 14th.

Drone attacks on two Saudi Aramco factories in Abqaiq and Khurais caused fires that the company's security forces brought under control, a spokesman for Saudi Arabia's interior ministry said in a statement.

The Houthi militias claimed responsibility for the attacks.

"We are in contact with Saudi authorities as well as major producer and consumer nations," the IEA said in a statement, adding that it is closely monitoring the situation in Saudi Arabia following the attacks.


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