Saudi crude production disruptions create global supply gap and market instability.
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Saudi Aramco Chief Executive Officer Amin Nasser said the world lost approximately one billion barrels of oil over the past two months, with energy markets requiring significant time to stabilize even after flows resume. The statement underscores the impact of production disruptions on global energy supply and pricing. Nasser's remarks indicate sustained market volatility in crude markets, with stabilization likely to take considerable time.