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Critical node· Grids & Energy · Critical anchor
Ghawar, Saudi Aramco
Al-Ahsa, Saudi Arabia25.43°N 49.62°E
computed criticality38/100
reading
Saudi Arabia ~12% of world oil output; Ghawar the largest conventional field
2024Market priceBrent · $/bbl
88.1$/bbl
▲11% over 30dthis week ▲ 16%
Not refreshed for 65 dSource : Yahoo Finance (indicatif, retardé) ↗
Indicative delayed market price: a tension gauge, distinct from the physical flow. A rise signals the input tightening.
Fault line
The largest conventional oil field ever worked underpins a notable fraction of world supply on its own. Saudi spare capacity is the market's shock absorber; without it, any supply shock passes straight into prices.
Actors
Saudi Aramco
Feeds 3
Abqaiq processing plantGrids & Energy↗Strait of HormuzChokepoints↗Reliance, Jamnagar (India)Grids & Energy↗Sources
EIA ; OPEC 2024