MarketsCommoditiesSaudi oil attackPrint articleOpinionAn oil price shock is the last thing the world economy needsPatrick ComminsColumnistSep 17, 2019 – 3.53pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginA doubling in oil prices on average has preceded every US recession since the 1970s - is history about to repeat itself?Over the weekend there was an attack on national oil giant Saudi Aramco's Abqaiq facility, a processing plant that prepares close to 70 per cent of the country's oil for export.Loading...Patrick Commins reports and comments on trends and news in domestic and global investment markets. Connect with Patrick on Twitter. Email Patrick at p.commins@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreSaudi oil attackOpinionWorld marketsOilLatest In CommoditiesFetching latest articlesMost Viewed In MarketsThe Australian Financial Review MagazineMonica Lewinsky might be the most influential feminist in 30 yearsJessica GardnerThe Apple Watch is 10. What’s next for the world’s No.1 wearable?In pictures: AFR Magazine’s 30th anniversary celebrationBOSS Financial ReviewHow this elite child gymnast leapt to the top of SportsbetHannah TattersallWhat 18-hour days on a farm taught this NAB exec about bankingHow a young exec went from university dropout to dream job in ParisLife & LeisureStep inside this modernist penthouse with 360-degree viewsStephen ToddIs all this talk of wine terroir a load of hooey?Want to live longer? Try this new brain enhancement programRich ListThree decades of PMs, fashion icons and the odd person headed for jailBrook TurnerFortescue near settlement with US tycoon after energy deal bust-upAustralia’s 50 Richest Bosses revealed
