9/18/2019, 11:18 AM (Source: TeleTrader)
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Saudi FinMin: Attacks on Aramco had no effect on oil revenues

Saudi Finance Minister Mohammed al-Jadaan said on Wednesday that the attacks on Saudi Aramco facilities had "no effect whatsoever on the Kingdom's oil revenues." He added that Aramco's work on production restoration proves it is capable of dealing "with any crisis."

Al-Jadaan told Al-Arabiya: "There is no impact on the financial and economic aspects of the attacks."

He also said that Saudi non-oil output is expected to grow 2.9% to 3% in 2019. The minister added that total spending in the country increased by 6.3% in the first half of this year and non-oil revenues were 14.4% higher in the same period.

Breaking the News / TF