At a London forum, Saudi Aramco CEO Amin Nasser said global oil spare capacity is below 10%. He also said reserves are at their lowest level in 40 years. Nasse

At a London forum, Saudi Aramco CEO Amin Nasser said global oil spare capacity is below 10%. He also said reserves are at their lowest level in 40 years. Nasser attributed the market’s fragility to unprecedented supply disruptions this year stemming from conflicts in the Middle East and Ukraine. Th…