Goldman Sachs analysts said 'this is a historically large disruption, with the assets targeted critical to Saudi’s oil infrastructure.'
Goldman Sachs analysts are warning that the Saudi oil crisis could last more than three months in a worst-case scenario, and even if disruption lasts half that time, oil could pass $75 a barrel. The weekend attacks are estimated to have damaged half Saudi's oil supplies, roughly equal to 5% of global supplies. Watch oil trade live. View Markets Insider's homepage for more stories.
Goldman Sachs analysts are warning that the Saudi oil crisis could last more than three months in a worst-case scenario, and even if disruption lasts half that time, oil could pass $75 a barrel. The weekend attacks are estimated to have damaged half Saudi's oil supplies, roughly equal to 5% of global supplies. Watch oil trade live. View Markets Insider's homepage for more stories.
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