{"id":291922,"date":"2019-09-17T05:11:36","date_gmt":"2019-09-17T05:11:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291922"},"modified":"2019-09-17T05:11:36","modified_gmt":"2019-09-17T05:11:36","slug":"does-the-world-have-enough-oil-to-cope-with-saudi-attacks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/does-the-world-have-enough-oil-to-cope-with-saudi-attacks\/","title":{"rendered":"Does the world have enough oil to cope with Saudi attacks?"},"content":{"rendered":"<p>The world&#8217;s system of emergency oil stockpiles has been tested just a handful of times over the years. If needed it can probably cope with the aftermath of Saturday&#8217;s attack on Saudi Arabia&#8217;s oil processing plant at Abqaiq. Any further such disruptions, should conflict broaden in the Persian Gulf, might be less easy to accommodate. <\/p>\n<p>Executives at Saudi Aramco, the state-owned oil company, have indicated that they could restore a \u201csignificant\u201d volume of the shuttered daily production of 5.7 million barrels of crude in a matter of days. But it will take weeks to get back to full capacity, according to Bloomberg News.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s system of emergency oil stockpiles has been tested just a handful of times over the years. If needed it can probably cope with the aftermath of Saturday&#8217;s attack on Saudi Arabia&#8217;s oil processing plant at Abqaiq. Any further such disruptions, should conflict broaden in the Persian Gulf, might be less easy to accommodate. Executives at Saudi Aramco, the state-owned oil company, have indicated that they could restore a \u201csignificant\u201d volume of the shuttered daily production of 5.7 million barrels of crude in a matter of days. But it will take weeks to get back to full capacity, according [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-291922","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291922"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291922\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}