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Aramco CEO warns 1 billion barrels lost will slow oil market recovery

Posted on May 10, 2026
By Business News Today
1 Views
1 min read

Aramco CEO warns 1 billion barrels lost will slow oil market recovery

Saudi Aramco's CEO Amin Nasser warns that the global oil market will take time to recover from a significant supply shock. He stated that about one billion barrels of oil have been lost over the past two months. Nasser highlighted that even with resumed flows, the market will not immediately normalize.