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Saudi Arabia loses $2 billion worth of oil output after attacks

Posted On: Oct. 11, 2019 6:07 AM CST

Saudi oil

Saudi Arabia has lost around $2 billion in crude oil production in the aftermath of attacks on its oil plants in September, Middle East Eye reports citing the Financial Times. Ten drones attacked Saudi Arabian Oil Co.'s oil facilities on Sep. 14, reducing oil production by 5.7 million barrels per day – or 5% of daily global oil production.

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