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Achieving oil security

Energy

Note: This article was originally published in Manila Standard on 3 October 2019 and was first published in the Nikkei Asian ReviewERIA's Senior Policy Fellow for Energy and Environment, Prof Jun Arima, is the author. 

On September 14, drone attacks -- claimed by Yemen's Houthi rebels -- hit the heart of Saudi Arabia's oil production facilities. These attacks took out 5.7 million barrels per day, which is half of Saudi production and 5% of global oil production, and sent benchmark oil prices up a fifth to almost $72. (Read the full article by using the link above). 

Date

03 October 2019

Category

In the News

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