On the wires: Extended pain for container lines if the oil spike isn’t just a spike into 2020

“Saturday’s attack will encourage markets to re-examine the need for considering an oil geopolitical risk premium”, Eurasia Group analysts said as reported by Marketwatch on 15 September in a story headed “US oil’s 10% surge after Saudi attack puts it on track for the biggest daily gain in 3½ years”.
That was quick: in one of those rare predictive remarks I made early this month, I wrote that oil prices still remained the gauge …

The post On the wires: Extended pain for container lines if the oil spike isn’t just a spike into 2020 appeared first on The Loadstar.

Source: The Loadstar

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