Iran’s Ill-Advised Attack On Saudi Was Actually A Gift To The Kingdom [Friday Follow-Up Guest Post]

The Friday before last week’s drone attacks on Saudi oil infrastructure that caused oil prices to momentarily spike, Bill Edwards wrote a guest post for Infill Thinking titled Historical Oil Price Perspective & A Sober Long-Term Outlook [Friday Guest Post].

The way oil has traded in the wake of the attacks seems to prove his point about oil’s inability to escape the gravitational pull of a lower-for-longer trading range.

In the wake of the Middle East action, Bill sent us a couple follow-up thoughts that we found interesting.

There’s a lot more to this story…

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