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Adequate Stockpiles May Soften Price Impact Of Saudi Attack; UM Consumer Sentiment Bounces Back

Written by The Ashton Report

My first thought upon seeing news of drone attacks on major Saudi oil production facilities was, “Ooh, we don’t need that impact on energy prices.” And we don’t, what with global economic growth softening nearly everywhere (see article on current Blue Chip forecasts below) and higher gas prices’ traditional effect on consumer spending, including foodservice….

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