What the Saudi Attack Situation Says About the Broader Energy Market
It would have been hard to miss the news over this past weekend that some aggressor had attacked key parts of Saudi Arabia's oil infrastructure, cutting in half its ability to export oil. This closing of the tap, even temporarily, on 5% of the world's crude supply had the obvious impact on oil prices and oil stocks: They shot higher. But as MarketFoolery host Chris Hill and senior analyst Jason Moser note, investors in this sector shouldn't be too surprised about what sorts of things are moving it -- the only real surprises are about when it moves.
In this segment of the podcast, the pair discuss the investment thesis for the oil market, the energy market more broadly, and a few specific stocks that have caught their attention.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.
Source Fool.com
