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U.S. Secretary of Energy, "Looking at the situation" in the decision of strategic oil reserves release

2019-09-17T10:10:32.381Z


[Vienna 17 Reuters]-US Secretary of Energy Perry is about to release strategic oil reserves on the 17th that the attack on oil facilities caused a sharp decline in oil production in Saudi Arabia Stage


[Vienna 17 Reuters]-US Secretary of Energy Perry is about to release strategic oil reserves on the 17th that the attack on oil facilities caused a sharp decline in oil production in Saudi Arabia I explained that it was in the stage.

On September 14, two oil facilities in Saudi Arabia were attacked. US President Trump announced on May 15 that he has approved the release of US strategic oil reserves as needed.

The US Strategic Oil Reserve has a scale equivalent to the consumption of about one month. So far, no release has been made.

Secretary Perry told reporters that “the president has instructed the energy market to release strategic oil reserves if necessary to deal with the shortage,” and “the supply data is still enough to see the supply. I'm sure. "

“Yes, yes,“ if you need ”is a very flexible term.”

This attack has made it impossible to supply approximately 5% of the world's crude oil production. Initially, the period required for normalizing production, which was expected to be several weeks, is also related to several months.

“We have heard that the source is clear and it takes a couple of weeks to repair. We recommend contacting Saudi officials until more information comes in,” Perry said.

Source: asahi

All news articles on 2019-09-17

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