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What’s inside this report?
The attacks on Saudi Arabia’s oil and gas sector on 14 September 2019 exposed the vulnerabilities in the global oil supply chain.
Our report unpacks the impact of these attacks on the global oil market.
Why buy this report?
Get answers to all your questions about global oil in the wake of the attacks on the world’s largest oil exporter, including:
- How will this impact the supply chain and oil prices?
- Can US tight oil step into the supply gap?
- What lies ahead for the world’s oil markets and how could global politics influence events?
This attack has material implications for the oil market, as a loss of 5 million barrels per day of supplies from Saudi Arabia cannot be met for long by existing inventories and the limited spare capacity of the other OPEC+ group members. A geopolitical risk premium will return to the oil price.
Alan Gelder, VP Refining, Chemicals and Oils markets, quoted in Oilfield Technology
Report summary
Table of contents
- Source of the attack?
- Asking for OPEC’s help
- US tight oil can’t step up
- What lies ahead?
Tables and charts
This report includes 2 images and tables including:
- OPEC spare productive capacity prior to the 14 September attack
- OPEC production change from cut reference levels
What's included
This report contains:
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