/biz/ - Business & Finance

Anonymous Thu Sep 19 13:16:36 2019 No.15645925 [View]
File: 423 KB, 700x394, file.png [View same] [iqdb] [saucenao] [google]

Check it out brainlets. The liquidity operations began on Monday, right after the Yemeni/Iranian/whoever attack on Saudi oil refining facilities. The Saudis are now importing crude oil and other oil products and are supposedly bleeding $400 million / day.

The reason for the liquidity shortfall is likely related. Perhaps Saudi Aramco debt was being used as collateral. Their counterparty could have gotten spooked and demanded higher rates.

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/biz/ - Business & Finance

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