Oil jumps most on record after attacks on Saudi facilities

Cius

Executive Member
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Jan 20, 2009
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5,553
Sigh, and the rand was doing well, things were actually looking so good for a bit.
 

3WA

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Sep 25, 2012
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Chill guys, at least we have strategic oil reserves. Oh wait...
 

R13...

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Aug 4, 2008
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The skeptic in me says this benefits the oil producers more than any terrorist so I gotta wonder
 

krycor

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Aug 4, 2005
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The skeptic in me says this benefits the oil producers more than any terrorist so I gotta wonder
What i don't get is this.. Saudi has a few oil fields most of which are running at a lower supply run due to price fixing.. i.e. OPEC limits.. why they can't produce the gap from other fields? surely this negates the price rise?
 
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