Possible scenario
Asia Price Competition
25% Chance
The first shipment is followed by more aggressive Saudi pricing to secure Asian market share after recent Asia crude price cuts. Competition with Russian, Iraqi, UAE, and other Middle Eastern grades becomes the main market consequence.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -0.1%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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