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Saudi Sweet Oil Supply Too Low to Offset Libya, al-Husseini Says

Saudi Arabia, the world’s biggest crude exporter, won’t be able to produce enough low-sulfur blends to replace lost Libyan output for refiners in Europe, said Sadad al-Husseini, a former Saudi Aramco executive.

The country doesn’t have enough Arab Super Light to create sufficient amounts of low-sulfur, or sweet, oil similar to Libya’s grades, al-Husseini, Aramco’s former executive vice president for exploration and development, said today by e-mail.