Saudi Aramco has restored Saudi Arabia’s oil production capacity to 11.3 million bpd—the level before the attacks on oil facilities ten days ago, Reuters reported on Wednesday, citing three sources with knowledge of the Kingdom’s oil company’s operations. Separately, people familiar with the situation at Aramco told Bloomberg on Wednesday that Saudi Arabia is recovering from the September 14 attacks faster than expected—about a week faster than Saudi officials have given as a date to recover the full capacity, the end of September. The attacks on Saudi oil infrastructure on September 14 knocked 5.7 million bpd—or 5 percent of global oil supply—offline. The market initially panicked, with prices jumping the most on record last Monday, until Saudi Arabia started to insist through official statements and sources that it would fully restore oil supply by the end of September. Despite continued reports that the Saudis would struggle to restore oil […]