Investors play down impact of Saudi oil attack for EM

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By Lewis McLellan
18 Sep 2019

Last weekend’s attack on Saudi oil facilities drove up the oil price and caused a rush to safe haven assets, but investors say they expect the turbulence to be short-lived.

Brent Crude was driven up $8 to $68 per barrel in the wake of the attack, but news that Saudi Arabia has already restored 50% of the lost oil production and is on track to restore the rest by the end of the month allowed the oil price ...

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