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Geopolitical risk rises as attack highlights fragile oil supply chain

Brisbane Times Monday, 16 September 2019
The drone attack on Saudi Arabia's main oil processing complex has demonstrated the vulnerability of global oil supplies and Australia's not immune.
Credit: Wochit Business - Published < > Embed
News video: Attack On Saudi Oil Supplies Drives Up Prices By 15%

Attack On Saudi Oil Supplies Drives Up Prices By 15% 00:36

Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday. The jump follows an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more than 5% of global oil supply. Reuters reports Brent crude futures jumped more than 19% to a session high...

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