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The World’s Most Vulnerable Oil

From oilprice.com

A single drone missile can wreak as much havoc on the oil markets as a world war at this point. If one already obvious point was hit home on September 14th, it was this: Oil facilities the world over are gaping giants of vulnerability. The Saudi’s couldn’t protect their oil even with U.S. military support because it’s too vast an operation, and defense is designed without 21st Century, high-tech attacks launched by unclear actors in mind. But the Saudi attack wasn’t designed for destruction. It was a message of vulnerability. And everyone’s got drones--not just state militaries. A drone is part of the inventory list ... (full story)

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  • Category: Fundamental Analysis