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Aramco: Global Oil Inventories Could Take 2 Years to Recover

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Saudi Aramco CEO Amin Nasser warned that rebuilding depleted global crude and fuel inventories could take up to two years. The comments underline continuing tightness across oil and refined-product markets, where supply disruptions, shipping constraints and reduced stock levels have increased vulnerability. Kuwait Petroleum has separately estimated a refined-products shortfall of around six million barrels per day.

Source

https://www.reuters.com/business/energy/replenishing-crude-fuel-supplies-could-take-two-years-saudi-aramco-ceo-says-2026-10-05/?utm_source=chatgpt.com


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