Aramco Commodities

Crude oil prices could plunge lower

Saudi Arabia has restored half of the crude product that was lost to devastating attacks on its oil industry, and the kingdom said output will be fully restored by the end of this month.

If we don’t see any new drone attackS on Saudi oil infrastructure we could see Crude oil prices going even lower. Before the oil attacks against Saudi oil infrastructure, the Crude oil prices were already heading lower.

Related posts

Why are the U.S Oil Majors interested in Venezuela?


Are commodities sending warning sign to rest of world?


Oil demand growth is set to ease due to efficiency gains and electric cars