September 17, 2019 | Daily JAM, Short Term |
Yesterday, Monday September 16, oil prices moved massively higher after drones knocked out half of Saudi Arabia's oil production capacity over the weekend. Today, Tuesday September 17, oil prices gave back about half that spike with U.S. benchmark West Texas...
September 16, 2019 | Daily JAM, Morning Briefing |
Oil prices are higher--much higher--today after a drone attack on Saudi Arabia's Abqaiq processing center knocked out 50% of the country's oil production. As of 1 p.m. New York time U.S. benchmark West Texas Intermediate was up 13.58% to $62.30 a barrel. International...