In Numbers: Shortfall In Oil Stocks And Saudi's Critical Supply Role
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
Saudi Arabia is often described as the oil market's firefighter because it holds the largest share of readily available spare production capacity, allowing it to quickly raise output when wars, sanctions or supply outages disrupt global markets.
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