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Futures Movers: Oil prices settle lower, even as Saudi Arabia announces additional June output cut

Oil futures end lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»

Category: topSource: marketwatchMay 11th, 2020

Futures Movers: Oil prices fail to find support, even as Saudi Arabia announces additional June output cut

Oil futures trade lower on Monday, as a slump in demand for crude outweighed support from a move by Saudi Arabia to further cut production in June......»»

Category: topSource: marketwatchMay 11th, 2020

Saudi Officials Say Whopping 70% Of Mecca"s Population Likely Infected With COVID-19

Saudi Officials Say Whopping 70% Of Mecca's Population Likely Infected With COVID-19 We detailed before that in late February Saudi authorities made the historically unprecedented to move to shut down the .....»»

Category: blogSource: zerohedgeMay 3rd, 2020

Saudi, Russia move closer to record oil cut deal: sources

OPEC and other oil nations held talks on Thursday on record production cuts of up to 20 million barrels per day, equivalent to about 20% of global supplies, to support prices hammered by the coronavirus crisis, OPEC and Russian sources said......»»

Category: topSource: reutersApr 9th, 2020

Oil spikes as Saudi Arabia, Russia move closer to output deal

WTI crude had plunged 60 percent from its Jan. 6 peak through Wednesday as the price war between Russia and Saudi Arabia exacerbated a supply glut while the COVID-19 pandemic crushed demand......»»

Category: topSource: foxnewsApr 9th, 2020

Futures Movers: Oil prices end higher as move toward U.S. stimulus package fuels optimism

Oil futures end higher Wednesday, giving up earlier declines as optimism surrounding the $2 trillion U.S. stimulus package eventually helped to calm worries about growing supply amid a price war between Saudi Arabia and Russia......»»

Category: topSource: marketwatchMar 25th, 2020

Saudi Aramco Hosts an Unreal Earnings Call

Flooding the market with oil in the face of what may turn out to be an unprecedented drop in demand is a weird move on strictly commercial grounds......»»

Category: topSource: washpostMar 16th, 2020

Futures Movers: Oil falls 3% as Saudi Arabia moves to boost production capacity in price war

Oil futures see renewed pressure Wednesday after Saudi Arabia moves to increase output capacity, it’s latest move in a price wary with Russia that’s sent crude prices tumbling to four-year lows and sent shock waves through global financial markets......»»

Category: topSource: marketwatchMar 11th, 2020

Oil crash: why Saudi Arabia has started a global crude price war

But why did the world's top exporter decide to move so aggressively, with demand reeling from the coronavirus crisis? And what does it mean for the wider oil industry?.....»»

Category: topSource: bizjournalsMar 9th, 2020

Google"s decision to shift control of UK user data to the US looks like a calculated political bet that Brexit will be a privacy disaster

REUTERS/Brandon Wade/File Photo Reuters reported Wednesday that Google is planning to ship its UK user data from its European headquarters in Ireland to the US. The move was prompted by uncertainty surrounding the UK's data laws after B.....»»

Category: topSource: businessinsiderFeb 20th, 2020

Next Avenue: A few things this wheelchair user wants you to know

Thoughts and advice on ways to help you be more at ease, so we can move on to being friends......»»

Category: topSource: marketwatchFeb 14th, 2020

Massive office user seeks to move 200K SF HQ here

Documents show the company has sought incentives to move to a posh city in Central Florida......»»

Category: topSource: bizjournalsJan 24th, 2020

"Vindication" - Saudi Arabia hails 10% debut jump in Aramco shares

Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company......»»

Category: topSource: reutersDec 11th, 2019

Facebook executives planned "switcharoo" on data policy change: court filings

Facebook Inc began cutting off access to user data for app developers from 2012 to squash potential rivals while presenting the move to the general public as a boon for user privacy, according to court documents reviewed by Reuters......»»

Category: topSource: reutersNov 6th, 2019

Futures Movers: U.S. oil trims losses, Brent ends higher as Pentagon announces move to support Saudi Arabia following recent attacks

U.S. oil prices trim their losses on Thursday and global benchmark prices finished higher as the Pentagon announced that it would deploy equipment and personnel in support of Saudi Arabia following attacks on its oil facilities earlier this month......»»

Category: topSource: marketwatchSep 26th, 2019

Saudi Aramco books European naphtha for Asia after attacks

Saudi Aramco has booked at least 120,000 tonnes of naphtha for September loading from Europe in a rare move as it seeks to plug a supply gap following attacks on its oil facilities on Saturday, industry sources said......»»

Category: topSource: reutersSep 20th, 2019

U.S. oil futures settle with a loss of nearly 6%

Oil futures declined Tuesday, with U.S. prices losing nearly 6%. The move follows news that Saudi Arabia's energy minister Prince Abdulaziz bin Salman .....»»

Category: topSource: marketwatchSep 17th, 2019

Crude edges lower after largest one-day rise on record

Crude-oil futures contracts edged lower on Tuesday, after seeing the biggest one-day move on record in the wake of the attacks that took half of Saudi Arabia output offline. Brent crude fell 32 cents to $68.70 a barrel and light sweet crude fell 59 cent.....»»

Category: topSource: marketwatchSep 17th, 2019

Blowout: Experts Talk Oil Moves On PreMarket Prep After Saudi Attack

With crude oil futures posting their single largest daily up move ever, oil and oil-related stocks were the main topics Monday on Benzinga's PreMarket Prep show.  read more.....»»

Category: blogSource: benzingaSep 16th, 2019

Don"t expect oil shocks to move the Fed

The weekend bombings of Saudi Arabia's main oil refinery have already sparked U.S. President Donald Trump to pressure the Federal Reserve anew to lower rates......»»

Category: topSource: reutersSep 16th, 2019