Russia Prepping For $25/Barrel Oil in 2020 & Attacks Knock Out Over Half of Saudi Oil Output

Oil prices were struggling for much of 2019 and in a clear bear market. Russia has even started preparing for the possibility of $25/barrel oil in 2020. Then on Saturday, attacks knock out over half of Saudi oil output!

Articles on Saudi Arabian Oil Fields Attacked:
1) Attacks on Saudi oil facilities knock out half the kingdom’s supply www.reuters.com/article/us-sa…
2) Oil To Hit $100? Pompeo Blames Iran For “Unprecedented” Drone Attack That Crippled Largest Saudi Oil Processing Facility www.zerohedge.com/geopolitica…
3) Attacks Knock Out Over Half of Saudi Oil Output www.energyintel.com/pages/eig_…

 

 

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