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Saudi oil output surpasses limits
The article concerns Saudi oil production flexibility, with Aramco affirming that Saudi Arabia is capable of increasing its output to its full sustainable capacity of 12 million barrels per day within days, despite current market pressures and global reserves falling below 6 billion barrels. It is expected that rebuilding these lost inventories could take up to two years. Flexibility is highlighted as a key element in Saudi Arabia's response to oil crises, achieved through adjusting production and export pathways, utilizing external storage capacities, and relying on the East-West pipeline as a strategic corridor to support oil flows and minimize disruptions' impact on supply.
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