Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=PGoShcc9k2t Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter The Market Forgot Abqaiq in 14 Days [RxbB2uSwwyJ] Health Updated on August 09, 2026 EDT — Published on August 09, 2026 EDT September 2019: drones and missiles hit Abqaiq — the largest crude oil processing plant on earth. 5.7 million barrels a day offline overnight. About 5% of world supply. Brent spiked roughly 19% intraday, the biggest one-day jump on record at the time. Inside two weeks the price was back below where it started. That is not a market that overreacts to Saudi risk. That is a market with amnesia. #oil #crudeoil #energy #OOTT #commodities uSVQQY3X5Jb C18u4PUwXx6 7LocTjipxdj ksw0YBBCaMW 7mYhuXoMPKH 31wSinyy4Un lFbi4cFrz0P
September 2019: drones and missiles hit Abqaiq — the largest crude oil processing plant on earth. 5.7 million barrels a day offline overnight. About 5% of world supply. Brent spiked roughly 19% intraday, the biggest one-day jump on record at the time. Inside two weeks the price was back below where it started. That is not a market that overreacts to Saudi risk. That is a market with amnesia. #oil #crudeoil #energy #OOTT #commodities uSVQQY3X5Jb C18u4PUwXx6 7LocTjipxdj ksw0YBBCaMW 7mYhuXoMPKH 31wSinyy4Un lFbi4cFrz0P