Oil sinks as Saudi Arabia pushes for recovery: ASX set to open higher
18 Sep 2019 - Following soft leads from US markets, the ASX looks set to open higher. Oil is the big story this week after a coordinated attack knocked out 5.7 million barrels of daily crude production, or more than half of Saudi Arabia oil output. Saudi officials say they had restored just under half the output lost. Automotive Holdings Group (ASX:AHG) managing director John McConnell will leave the company.