Petronas Flags Ample Supplies, Security Risks

摘要

Petronas CEO Wan Zulkiflee Wan Ariffin said on Friday he believed the oil market disruption from recent aerial strikes on Saudi Arabia’s key oil facilities would only be temporary, as the market is amply supplied. But he said the Malaysian state-run firm intends to bolster security at its own critical installations following the attacks, and warned that oil prices will remain volatile for the rest of the year.