GXY galaxy resources limited

This was first shared to the Galaxy forum by @poider HERE group...

  1. 8,746 Posts.
    lightbulb Created with Sketch. 2629
    This was first shared to the Galaxy forum by @poider HERE

    group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to send oil prices soaring and increase tensions in the Middle East.

    The attacks will cut the kingdom’s output by 5.7 million barrels per day (bpd), according to a statement from state-run oil company Saudi Aramco, or more than 5% of global oil supply.




    ...attack early today (Sept. 14) on Saudi Aramco’s Abqaiq refinery, the world’s largest oil processing facility. The rebels also hit the Khurais oil field, a major site operated by Saudi Aramco. Both attacks sparked massive fires that could be seen from outer space.
    Screenshot_20190915-093124.png

    The two locations make up crucial links in the world’s energy supply chain. Three sources told Reuters that the attacks disrupted oil production and export capacity, with one estimating reductions of about 5 million barrels of crude per day—roughly 50% of the kingdom’s output, and about 5% of global supply.

    Last edited by Thesi: 15/09/19
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.