Sun, 2019-12-29 02:53
From Abqaiq to the Straits of Hormuz, the attacks on oil infrastructure this year were unprecedented. But more remarkable than the attacks themselves was the market reaction, or rather lack of it. Instead of skyrocketing oil prices, the energy year was defined by sustainable and relatively steady prices.
The international Brent crude benchmark started the year at about $55 per barrel and reached a high for the year of $74 per barrel at the end of April.
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