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Bloomberg reported that Saudi Arabian Oil Co. intends to re-open the Gulf kingdom’s oldest oil field, the Dammam field.
Bloomberg reported that Saudi Arabian Oil Co. intends to re-open the Gulf kingdom’s oldest oil field, the Dammam field.
As quoted in the market news:
Dammam contains some 500 million barrels of oil and may yield as much as 100,000 barrels a day of Arabian Heavy crude, according to the report.