4um: Oil Explodes 20% Higher, Biggest Jump On Record

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Title: Oil Explodes 20% Higher, Biggest Jump On Record
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... 9-higher-biggest-jump-28-years
Published: Sep 15, 2019
Author: Tyler Durden
Post Date: 2019-09-15 19:10:09 by Horse
Keywords: None
Views: 58
Comments: 3

Brent has reopened for trading, and in the aftermath of Saturday's attack on the "world's most important oil processing plant", exploded some 19% higher, its biggest jump since 1991.
Poster Comment:
This was after a Yemeni drone attack on Saudi processing facilities. This benefits, Iran and US oil producers. Some of the latter were near bankruptcy.
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#1. To: All (#0)
Satellite Images Reveal It Would Take "Months" To Fix Saudi Oil Facility
US officials "certain" the attack actually originated from Iraq, given a level of "sophistication" which would link it to Iran's elite IRGC.

https://www.zerohedge.com/energy/declassified-satellite-images-reveal-it-would-take-months-fix-saudi-oil-facility
The Truth of 911 Shall Set You Free From The Lie
Horse posted on 2019-09-15 23:11:31 ET Reply Trace Private Reply
#2. To: Horse (#0)
US oil producers

My ex-codriver lived in Checotah, Oklahoma. He tapped into an Arco pipeline and filled a 3,000 gallon tank with oil. He told me the inspectors were walking along the pipeline route looking for the leak.
I met his Daddy years ago. He moved to Checotah in the 1930s. It was a boom town because of the oil and there was one killing a week. ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
BTP Holdings posted on 2019-09-15 23:14:29 ET Reply Trace Private Reply
#3. To: All (#0)
Could Be "Weeks" Before Aramco Restores Full Production Capacity As Specter Of $100 Oil Looms
The 5.7 million barrels a day outage is the single worst supply disruption even over and against the first Gulf War and the 1979 Islamic Revolution in Iran.

https://www.zerohedge.com/energy/aramco-could-face-weeks-restoring-full-production-capacity-specter-100-oil-looms
The Truth of 911 Shall Set You Free From The Lie
Horse posted on 2019-09-15 23:17:41 ET Reply Trace Private Reply
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