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{"text":"Diesel prices could spike by over 20% overnight due to the market coming to grips with the biggest blackswan event to hit oil in over a decade. On Friday night, while most of the U.S. was settling in for a weekend of high school, college and professional football, the world’s second largest oil producer was struck by a fleet of drones. The attack resulted in nearly half of Saudi Arabia’s oil production capacity taken off line, representing nearly 5% of global supply. \n\nWith futures markets closed over the weekend, it was hard to estimate how much the attack would impact prices, but on Sunday evening at 6PM ET, the oil futures market opened with the first trades up over 20%. \n\nRead more: https://www.freightwaves.com/news/truckers-fill-up-your-tank-asap-diesel-could-surge-60-by-monday-morning ","videos":"[]","link":"{}","pics":"[]","canComment":true} |
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