We saw money flash top safety following the attack on Saudi oil fields although we are now being told that production will be back to normal soon with at least a third back on stream later today. The US have also suggested that they will step in and release some from their strategic reserves if necessary.
We have the Fed meeting later this week which may stall things. Watch out fro Trumps tweets.
What up for oil? – Morning outlook 16th September
We saw money flash top safety following the attack on Saudi oil fields although we are now being told that production will be back to normal soon with at least a third back on stream later today. The US have also suggested that they will step in and release some from their strategic reserves if necessary.
We have the Fed meeting later this week which may stall things. Watch out fro Trumps tweets.