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Saudi Arabia Poised To Mend Relations With Assad In Major First Since War Began

Saudi Arabia Poised To Mend Relations With Assad In Major First Since War Began.....»»

Category: personnelSource: nytMay 5th, 2021

Oil plunges 25%, hit by erupting Saudi-Russia oil price war

Crude prices suffered their biggest daily rout since the 1991 Gulf War on Monday as top producers Saudi Arabia and Russia began a price war that threatens to overwhelm global oil markets with supply......»»

Category: topSource: reutersMar 9th, 2020

3 Biotech Stocks Defying Today"s Market Meltdown Thanks To COVID-19 Developments

The major U.S. stock market averages were all tumbling close to 5% and bond yields were hitting record lows Monday following oil's plunge in the wake of the wrangling between Saudi Arabia and Russia. read more.....»»

Category: blogSource: benzingaMar 9th, 2020

Market Extra: Oil plunges 25% and investors brace for a race to the bottom, as an all-out OPEC ‘price war’ erupts between Saudi Arabia and Russia

It’s every country for itself, or so it seems after a meeting between OPEC and other major producers ended on Friday in acrimony, which has the market now worried about a price war between some of the biggest oil producers in the world......»»

Category: topSource: marketwatchMar 8th, 2020

Market Extra: Oil plunges 20% and investors brace for a race to the bottom, as an all-out OPEC ‘price war’ erupts between Saudi Arabia and Russia

It’s every country for itself, or so it seems after a meeting between OPEC and other major producers ended on Friday in acrimony, which has the market now worried about a price war between some of the biggest oil producers in the world......»»

Category: topSource: marketwatchMar 8th, 2020

Commodities Corner: What a breakdown in the Saudi Arabia-Russia oil alliance would mean to the market

Saudi Arabia and Russia have so far failed to reach an agreement to cut oil production even with COVID-19 expected to significantly hurt energy demand this year, putting the more than three-year-old alliance between the two major oil producers at risk......»»

Category: topSource: marketwatchFeb 21st, 2020

Oil rises on supply cut pledges and slow return of Gulf field

Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue and amid signs Saudi Arabia and Kuwait could take as much as a year to bring a major field back to full capacity......»»

Category: topSource: reutersDec 24th, 2019

Sjursen: Trump Will Live To Regret Sending Troops To Saudi Arabia

Sjursen: Trump Will Live To Regret Sending Troops To Saudi Arabia Authored by US Army Major (ret.) Danny Sjursen via AntiWar.com, What is Trump really up t.....»»

Category: personnelSource: nytNov 4th, 2019

Oil Prices Surge Higher, Then Pull Back, On News Of Iranian Tanker Explosions

Oil prices were pulling back from their earlier highs as the U.S. trading day began Friday, lifted overnight by what was said to be a missile attack on an Iranian tanker off the coast of Saudi Arabia. read more.....»»

Category: blogSource: benzingaOct 11th, 2019

Luongo: Will The Yemen War Be The End Of Saudi Arabia?

Luongo: Will The Yemen War Be The End Of Saudi Arabia? Authored by Tom Luongo, The attack on Saudi Arabia’s major oil processing station in Abqaiq over th.....»»

Category: blogSource: zerohedgeSep 19th, 2019

Gold Soars on the Saudi Oil attacks: Can it last?

On the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have... The post Gold Soars on the Saudi Oil attacks: Can it last? appeared first on ValueWalk......»»

Category: blogSource: valuewalkSep 17th, 2019

Oil"s price skid deepens on report that Saudi crude plant may return to normal in 2 or 3 weeks

A slide for crude accelerated early Tuesday after a report indicated that major plants in Saudi Arabia that were damaged in a weekend st.....»»

Category: topSource: marketwatchSep 17th, 2019

Market Snapshot: U.S. stocks fall for second day as investors eye oil markets ahead of Fed meeting

U.S. stocks look set to drift lower on Tuesday a day after an attack on major oil-processing facilities in Saudi Arabia sparked a supply shock, driving crude oil futures to their sharpest single-session rally since the 2008 financial crisis......»»

Category: topSource: marketwatchSep 17th, 2019

Market Snapshot: U.S. stocks set to drift lower as oil’s surge takes a pause

U.S. stocks look set to drift lower on Tuesday a day after an attack on major oil-processing facilities in Saudi Arabia sparked a supply shock, driving domestic crude futures to their sharpest single-session rally since the 2008 financial crisis......»»

Category: topSource: marketwatchSep 17th, 2019

Saudi-style drone attacks not seen as major U.S. risk, experts say

The style of attack used against oil plants in Saudi Arabia that knocked out half of the country's production on Saturday is unlikely to be a risk in the United States, energy and security experts say......»»

Category: topSource: reutersSep 16th, 2019

Wall Street indexes fall while energy sector soars

Energy stocks spiked while Wall Street's three major indexes lost ground on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a slowing global economy......»»

Category: topSource: reutersSep 16th, 2019

Futures Movers: U.S. oil just saw its biggest price surge since the financial crisis; Brent logs sharpest gain on record

Oil futures head for the sharpest daily rise in about 10 years on Monday after a weekend drone attack on major crude facilities in Saudi Arabia threatened to create a supply crunch that was roiling global crude markets......»»

Category: topSource: marketwatchSep 16th, 2019

Futures Movers: Oil surges 14% after Saudi ‘supply shock’ — on track for the biggest daily gain in more than a decade

Oil futures head for the sharpest daily rise in about 10 years on Monday after a weekend drone attack on major crude facilities in Saudi Arabia threatened to create a supply crunch that was roiling global crude markets......»»

Category: topSource: marketwatchSep 16th, 2019

Capitol Report: Here are the 3 key times the U.S. tapped into its massive emergency-oil reserves

The weekend attack on major crude-oil facilities in Saudi Arabia could prompt something that has been done only three times in the past: an emergency release from the U.S. Strategic Petroleum Reserve......»»

Category: topSource: marketwatchSep 16th, 2019

Very Mixed Reactions to Saudi-Attack Oil Price Spike in Transportation Stocks

After the weekend attacks on Saudi Arabia's oil production and infrastructure, the major and leveraged oil stocks all saw major gains early Monday, but it was a very mixed bag in the transportation........»»

Category: blogSource: 247wallstSep 16th, 2019

Oil Markets Face Upheaval Following Saudi Arabia Attack

Two major assets owned by Saudi Arabia's national oil company were attacked overnight on Friday, forcing the world's No. 2 oil producer to shut in half of its daily production. read more.....»»

Category: blogSource: benzingaSep 16th, 2019