Monday, September 16, 2019

WILL DRONE ATTACK IN SA AFFECT CANADA'S GAS PRICE

   More than five per cent of the global oil production capacity was taken offline following a drone attack in Saudi Arabia.
   Saturday's attack resulted in a temporary cut to Saudi Arabia's oil production output of an estimated 5.7 million barrels – or about half of its total capacity.
   That large of a hit could provide a significant jolt to oil prices around the world – but one analyst says Canadian drivers are well-positioned to avoid sticker shock at the pumps.

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