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TraderRavi

low risk profile
It affected stock price hardly for a week after that it is more or less back to where it was...swing shorters and positional bled on news day....day traders were happy seeing reliance move up and up... very few had confidence to buy after huge gap up...
This incident will be bad for upcoming Aramco IPO ? as investors will give a second thoughts on safety of Oil assets of company ?
 
Looks like achche din coming for crude :)

More Than Half Of Saudi Oil Output Hit After Drone Attacks On Aramco Plants
https://www.ndtv.com/world-news/sau...di-oil-output-hit-after-drone-attacks-2101102

Maybe time to sell airlines / paints / rubber etc.

It affected stock price hardly for a week after that it is more or less back to where it was...swing shorters and positional bled on news day....day traders were happy seeing reliance move up and up... very few had confidence to buy after huge gap up...
This incident will be bad for upcoming Aramco IPO ? as investors will give a second thoughts on safety of Oil assets of company ?
 

TraderRavi

low risk profile

DanPSup

Hedge Strategy Trader in Options and Futures
It is not only the hardliners in the US who want a war since a decay against Iran. Israel is an other pusher for such a crazy war.

Hawks in Israel and America have spent more than a decade agitating for war against the Islamic Republic’s nuclear program. Will Trump finally deliver?

Source: The secret history of the push to strike Iran
 
It is not only the hardliners in the US who want a war since a decay against Iran. Israel is an other pusher for such a crazy war.

Hawks in Israel and America have spent more than a decade agitating for war against the Islamic Republic’s nuclear program. Will Trump finally deliver?

Source: The secret history of the push to strike Iran
it is not US or Israel .. it Rothschild and u cant escape ..thats the mantra
 
The news says that the plant will resume partial production in 2 days :confused:
it seems a major fire. first safety team to asses. then process to step in to see what are the items to be replaced . contractors to be fixed. price to be negotiated . procurement / fabrication of items , transport the same and install. then testing , commissioning .. length procedure .. even on urgent basis they take minimum one year for sure .
 

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