Sunday, September 15, 2019

Oil Prices Rocket After Attacks

After the airstrike earlier in Saudi Arabia, removing five percent of the global oil supplies, prices have risen to almost 12 dollars per barrel. The oil company, Saudi Armco, lost approximately 5.7 million barrels of crude oil per day. It is one of the greatest oil disruptions in history.
Katherine Staniszewski
https://www.bloomberg.com/news/articles/2019-09-15/oil-prices-jump-19-after-attack-cuts-saudi-arabian-supplies

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