Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies Some see record oil production and more alternative routes for delivery once the Strait of Hormuz fully opens Saudi Aramco CEO Amin Nasser gave a dire outlook for how long it will take for oil reserves to return to prewar levels. via Washington and Tehran have yet to find an off-ramp for the U.S.-Iran war, but debate over how long it will take for the oil market to recover from lost Middle East crude supply has suddenly become headline news. On Monday, the chief executive of Saudi Arabia’s state-owned petroleum and natural-gas company, Saudi Aramco , said it could take longer than many expect to rebuild the world’s inventories of crude oil, even after transit of the commodity returns to normal through the Strait of Hormuz. Copyright ©2026 MarketWatch, Inc.
All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 I’m in my 20s and keep getting laid off. Should I invest in my employer’s 401(k) or look into other options? We’re all heading for trouble.
Intel’s stock drops after Musk hints at an additional partner for big chip venture I got a $499 body scan to see if I have cancer. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch since 1998. She has been writing the Commodities Corner column since 2005.
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