Title : The Bleeding Has Not Stopped -- Saudi Sovereign Fund Plunges -- September 2, 2017
link : The Bleeding Has Not Stopped -- Saudi Sovereign Fund Plunges -- September 2, 2017
The Bleeding Has Not Stopped -- Saudi Sovereign Fund Plunges -- September 2, 2017
And this was well before continued cuts to the US; and, Hurricane Harvey which shut down the largest refinery in the US, Motiva, owned and operated by Saudi Arabia.In the Hurricane Harvey aftermath, WTI plunged to $46.
Last month's data (May, 2017) suggested that perhaps the bleeding had stopped for Saudi Arabia, but apparently not. Source: tradingeconomics.
See tags for previous charts.
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