Global View Flash – Drone attack opens up several cans of worms – 16th September 2019
16th September 2019
Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.
(Energy Flash, but of relevance to sugar traders) The attack over the weekend on the Saudi oil refinery is significant in a number of ways. First, the Saudis just lost 5.7 mb/d of production. That is more than the disruption that took place with Kuwait and Iraq (5.6 mb/d) on the invasion of Kuwait. They
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