Saudi Arabia to Restore Full Oil Output by Next Week

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Saudi Arabia has restored around 75% of crude output lost after attacks on its facilities and return to full volumes by early next week. a source briefed on the latest developments told Reuters on Monday.

Saudi`s oil production from Khurais is now at more than 1.3 million bpd. while current production from Abqaiq is at about 3 million bpd. the source said.

The attacks on both Khurais and Abqaiq plants. some of the kingdom`s biggest facilities. knocked down 5.7 million bpd. or more than half of the kingdom`s oil production. Saudi officials have said the output will be fully back online by the end of September.