Brent Crude Oil and Saudi Arabia Stock Market (Leading Indicator)
Brent Crude Oil and Saudi Arabia Stock Market (Leading Indicator) Will oil prices remain high as global demand for oil continues to rise? Image: BofA Global Investment Strategy
Brent Crude Oil and Saudi Arabia Stock Market (Leading Indicator) Will oil prices remain high as global demand for oil continues to rise? Image: BofA Global Investment Strategy
Imports of Saudi Arabian Crude Oil In 2018, the U.S. imported $21.9 billion of crude oil from Saudi Arabia. Image: The Washington Post
Brent 5-Year Futures Price This chart shows that long-dated oil prices stayed relatively flat after attacks on Saudi Arabia’s oil infrastructure. Image: Goldman Sachs Global Investment Research
The World’s Biggest Oil Producers The U.S. is the first-largest producer of oil in the world, accounting for 16.2% of all production in 2018, and has surpassed Russia and Saudi Arabia. Image: Statista
War Scenario for the Oil Price A war between U.S./Saudi Arabia and Iran could lead to soaring oil prices and a global recession. Image: Danske Bank Research
Top Three Crude Oil Producers Chart showing that the U.S. is the world’s biggest oil producer and has surpassed Russia and Saudi Arabia. Image: Deutsche Bank Global Research
U.S. Gross Oil Total Imports and Exports of Crude Oil The United States has surpassed Russia and Saudi Arabia, and is the world’s biggest oil producer. Image: Pictet Wealth Management