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DTO - Saudi Arabia Oil Outage Demystified - Our Take On The Impact To The Global Oil Markets
Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809
Welcome the to demystify edition of Oil Markets Daily!
Since the attack on Saudi's Abqaiq plant, we've read dozens of commentary from both ends of the extreme. On one end, some commentators suggested that the impacted production would be out for months. And on the other end, Saudi source leak through the media said production would be restored in 2-days.
After 10-days, it appears the side that was the most accurate was the middle ground. We follow the Middle East and oil expert, Anas Alhajji, very closely and his insights have been spot on