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#oil production

Egypt's Foreign Minister released a statement last night following the Aramco facilities drone condemning the attack while echoing Egypt's support in fighting terrorism and maintaining stability. On Saturday night, a drone hit two major facilities administered by the state-owned Aramco located in Abqaiq and Khurais. Subsequently, Saudi Arabia cut its oil and gas production. Saudi Oil Minister Prince Abdulaziz bin Salman said that the strikes reduced Saudi's crude oil production by 5.7 million barrels per day, amounting for about half…