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Reflected sluggish demand and danielle its also worth mentioning that. That Saudi Arabias Energy minister and now its last week that and russia a very close to a deal that would extend production cuts to implemented at the start of the year and thats due to expire at the end of this month and so we. Know our viewers why this. Could happen makes this so important to the World Oil Market when theres obviously has been a lot of recent tension in that region potentially posing a threat to global crude supplies the incident that occurred was near the strait of hormuz and thats the worlds most sensitive or Oil Production choice put chokepoint which roughly 35 percent of the world seaborne crude oil passes the strait of hormuz links golf of all mine and the persian gulf separating oman from its eastern neighbor iran and now although the strait of hormuz is deep enough to handle the biggest tankers out there distrait is only about 21. 00. Miles wide at its narrowest point and one of the scenar

New yorkUnited statesHong kongUnited kingdomFrance generalChampagne ardenneJulian assangeTodd bubba horowitzJude julyAsia pacificRalph dahmerAlex mahelaSaudi arabias energyEnergy ministerWorld oilWorld oil market