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Saudi Aramco chief says replenishing global oil stockpiles could take two years

Summary by CNBC

Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.

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BizToc

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Saudi Aramco chief says replenishing global oil stockpiles could take two years

Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.

40 minutes ago·Englewood Cliffs, United States

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Le Figaro

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The Boss of Saudi Giant Aramco Warns Against "Dangerously Low" World Oil Stocks

While the G7 countries have announced a release of stocks from their reserves in order to relax oil prices, Aramco warns about a "system already under pressure".

46 minutes ago·Paris, France

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Business Times

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Replenishing crude, fuel supplies could take two years: Saudi Aramco CEO

A billion barrels of oil has been released from stocks so far Read more at The Business Times.

1 hour ago·Singapore, Singapore

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Dagens industri

Saudi Aramco CEO: It Could Take Two Years to Replenish Oil Reserves

Oil stocks that protect against supply disruptions have become “alarmingly low,” raising the risk that the oil market situation will worsen unless the Strait of Hormuz is reopened, Saudi Aramco CEO Amin Nasser said at a conference in London on Monday, according to Reuters.

36 minutes ago

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Jordan News | Latest News from Jordan, MENA

Aramco Eyes More Oil Export Routes Amid Supply Disruptions

Saudi Aramco Chief Executive Amin Nasser said on Monday that nearly 3 billion barrels of oil supply had been lost, equivalent to around half of the crude and petroleum products normally transported through the Strait of Hormuz.

56 minutes ago

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European Business Magazine

Aramco Chief Warns Global Oil Stocks Are 'Scarily Thin

London, 5 October 2026 — EBM Newsdesk Analysis — By Brad Adams On Monday, 5 October, Saudi Aramco chief executive Amin Nasser told the Energy Intelligence Forum in London that global oil stockpiles have fallen to “scarily thin” levels. He said markets will stay under pressure until the Strait of Hormuz fully reopens. Planned releases […]

1 hour ago

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