Could Saudi Aramco’s Attack Be A Problem For Its IPO?
September 16, 2019 at 16:10 PM EDT
Crude oil is seeing a massive price spike on Monday following drone strikes on a Saudi oil facility at Abqaiq and at a nearby Khurais oil field on Saturday, hamstringing 5.7 million barrels of daily crude production or 50% of the kingdom’s oil output. Saudi Aramco, the national oil company,...