[PODCAST] US Open Rundown 16th September 2019
16 Sep 2019, 12:04 by Newsquawk Desk
- European bourses are softer given the deterioration in risk tone, Brent and WTI are significantly stronger and safe havens are benefiting as well
- Two Saudi refineries were hit by drone attacks which cut as much as 5.7mln bbls of output or about half of Saudi's daily production, reports indicate this may have been the Iranian Revolutionary Guard
- On the attacks, US President Trump tweeted there is reason to believe that we know the culprit, are locked and loaded depending on verification from Saudi Arabia
- Sources indicate that Saudi Aramco's full return to normal levels of oil production may 'take months'
- Looking ahead, highlights include US NY Fed Manufacturing, ECB’s Lautenschlaeger