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Important events from Saudi Arabia push Crude Oil price higher
Category: Energy Market
Posted by on November 6, 2017 at 02:51 PM
Saudi Arabia moves the Energy market in the last few weeks. The situation in Saudi Arabia is very important and delicate for the price of black gold. The changes in Saudi major ministers, princes also helicopter crash with death of high-ranking officials and Prince Mansour bin Moqren may change dramatically the situation in Saudi Arabia and Energy politic in the Middle East.
The price of Crude Oil jumped in the last few days with more than 7 dollars and may continue after the situation in Saudi Arabia. Also remembers the meeting in Moscow between Putin and the King of Saudi Arabia. This meeting effect we see in Energy market and the effect continue for months ahead.

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