Discover and read the best of Twitter Threads about #DroneAttacks

Most recents (3)

Need a long range drone that can fly 200+ kilometer? At @AlibabaB2B Jiangsu Digital Eagle sells this 28.000 euro vehicle, m.alibaba.com/product/620615… But homemade drones are cheaper, around $15000 The motor costs around $1500 via alibaba. Bombing #SaudiArabia is “cheap”...
So was it a homemade drone or not? Meet the Quds 1. armscontrolwonk.com/archive/120806… (Based on photos claimed to be from bombed oilfield #SaudiArabia #DroneAttacks #DroneAttack see for claimed source) (3/3)
Read 3 tweets
One day spike in #Crude is highest in the History. Higher than 1979 Iran oil crisis and 1991 Iraq war. #CrudeOil #SaudiAramco #DroneAttacks Image
I don’t usually trade #commodities, but today I took a contrary bet, thought the over night crude attack news would bring in more people to buy the crude, which would push the price to open gap up and there would be few users who might be holding over night short position.
so they might cover the shorts if crude goes up further, and exactly the same happened, after gap up, moved little further and hit stop loss of overnight short holders..
Read 4 tweets
The drone attack on Saudi Arabia has an important impact on the country's oil infrastructure, but we should not exaggerate its impact on world supply

Open thread #OOTT #SaudiArabia #DroneAttacks
1) Saudi Arabia is the OPEC country with the largest spare capacity. Although the drone attack impacts 5% of global supply, it also comes at a time when supply glut was evident, global inventories are large and substitution is relatively easy.
2) The IEA estimates the ‘call on OPEC’ at 28.3 mbd in 1H20. This is a downward revision of 0.2 mb/d compared to its previous forest and a substantial 1.4 mb/d below OPEC’s August output.
Read 9 tweets

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