Enough oil in global stockpiles to replace lost Saudi barrels - Russia

FILE PHOTO: Energy Russia's Energy Minister Alexander Novak and Saudi Arabia's new Energy Minister, Prince Abdulaziz bin Salman take selfie at the joint Ministerial Monitoring Committee in Abu Dhabi, United Arab Emirates September 12, 2019. REUTERS/Ben Job

MOSCOW (Reuters) - There is enough oil in global stockpiles to replace barrels Saudi Arabia has temporary lost due to attacks on its oil facilities, Russia's energy minister Alexander Novak, an ally of Riyadh in a pact to curb supply, told reporters on Monday.

Following the strike on Saudi Arabia's oil infrastructure, which shut about 5% of global supply, Brent crude posted its biggest intra-day percentage gain since the 1991 Gulf War.