Aramco CEO Optimistic on Oil Market Despite Risks, But Warns Lower Investment Could Tighten Supply
- Aramco CEO sees oil market balance despite economic slowdown
- Spare oil production capacity is around 3 million barrels per day
- Lack of oil investment leads to 5-7 million barrels per day loss
- WTI crude price trades around $85.58, down 0.13%
- Markets face risks; do thorough research before investing