The biggest oil-supply disruption in history has upended the entire energy market. These 3 drivers could dictate what happens next.
|09/16/2019||Posted by BusinessMediaguide.Com under General World News||
- Attacks on Saudi Arabia’s oil-production facilities over the weekend triggered the biggest-ever disruption to the commodity’s supplies.
- The attacks also revealed how vulnerable investors had become to a geopolitical shock stemming from the oil market.
- Helima Croft, the global head of commodity strategy at RBC Capital Markets, outlined three realtime indicators investors can use to understand the unfolding implications of the Saudi situation.
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Over the weekend, Saudi Arabia suffered what we now know to be the largest disruption to crude oil supply in history.
Drone strikes on the Kingdom’s facilities erased 5% read more >>>