RPT-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.
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.
Posted by Reuters
