Aramco's Refinery Shutdown: Fluctuations in Oil Markets

The shutdown of Aramco's refinery due to the Houthi attack has caused fluctuations in oil markets. Oil prices have increased by %2 to over $60.

■The impact of the Houthi attack on oil production is estimated to be 200,000 barrels/day.

■The effect of Aramco's refinery shutdown on global energy markets is expected to be a %5 increase within 3 months.

State of Oil Markets: - Oil prices have increased by %15 over the past 6 months.

■OPEC's oil production has been reported at 30 million barrels/day.

Future of Energy Markets: - A growth of %10 is expected in energy markets for 2023.

■The share of renewable energy sources is expected to reach %30 by 2030. Finally, it is essential to closely monitor the impact of oil price fluctuations on the global economy. As Gökhan Erez, I will continue to closely follow developments in energy markets and oil price fluctuations.

Aramco's Refinery Shutdown: Fluctuations in Oil Markets

State of Oil Markets: - Oil prices have increased by %15 over the past 6 months.

Future of Energy Markets: - A growth of %10 is expected in energy markets for 2023.

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