Saudi Arabia is reportedly close to restoring 70% of the oil production lost after this weekend’s attack. Brent crude dropped as low as USD64.48 per barrel on the report, which cited an unidentified Saudi source saying it would return to full production in the next two to three weeks. Saudi Energy Minister Prince Abdul Aziz Bin Salman is scheduled to hold a press briefing on Tuesday in Jeddah. Estimates of when, and how much, of the 5.7mn barrels a day of shut output would be back online has fluctuated since the attack. Significant volumes could come back within days, people familiar with the matter said over the weekend, adding that it could still take weeks to restore full capacity.