KM Financial Solutions | Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
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Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

Oil prices rose more
than 20% this year but there were no sharp spikes and crude
futures barely sniffed $70 a barrel despite attacks on the
world’s biggest oil producer, sanctions that crippled crude
exports of two OPEC members and gigantic supply cuts from big
oil producing countries.

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