Saudi Oil Exports To Be ‘Normal’ This Week On Stock Draws, Damage From ‘Major Escalation’ Was ‘Big’

Oil exports from Saudi Arabia will continue "as normal" this week, Reuters reported on Sunday afternoon, citing an industry source who said the kingdom will draw on supplies from storage facilities while Aramco rushes to restore production capacity lost to Saturday's attacks. Damage to the kingdom's infrastructure was "big", the source said, making "overnight" fixes impossible. As of Sunday evening, it still wasn't clear how long the shutdown would last. Read more: Saudis May Need ‘Weeks’