September 16, 2019 / 9:21 AM / 2 months ago

Saudi Aramco may take months to resume normal output volumes - sources

FILE PHOTO: Smoke is seen following a fire at an Aramco factory in Abqaiq, Saudi Arabia, September 14, 2019. REUTERS/Stringer

DUBAI (Reuters) - Saudi Aramco’s full return to normal oil production volumes “may take months”, two sources briefed on the company’s operations said on Monday, after attacks on Saudi oil plants knocked out more than half of the country’s output.

“It is still bad,” one source said.

On Sunday, an industry source briefed on the developments told Reuters that Saudi Arabia’s oil exports will continue as normal this week as the kingdom taps into stocks from its large storage facilities, but that Aramco may have to cut exports later if the outage in output continued for long.

Reporting by Rania El Gamal and Dmitry Zhdannikov; editing by Ghaida Ghantous

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