Oil Production is Approaching Prewar Levels, But Aramco's CEO Warned Replenishing Inventories Could Take Years

Source: International Business Times

Saudi Aramco CEO Amin Nasser said about 3 billion barrels have been lost since the war in Iran began. Getty Images Saudi Aramco CEO Amin Nasser said the replenishment of oil inventories could take up two years even as production gets back near the levels seen before the war in Iran began. Speaking at the Energy Intelligence conference in London, Nasser also warned that the squeeze on supplies could also worsen still.