Saudi Arabia Still Doesn’t Know Launch Site for Oil Attacks Yahoo News(Bloomberg) -- Saudi Arabia said attacks on its critical oil infrastructure were “unquestionably sponsored by Iran” but stopped short of saying the strikes were ... Read more …
The Encirclement of Saudi Oil Production by Iran LobeLogby Jean-François Seznec. The latest attacks on the Arab Gulf oil industry seems to be part of a strategy by Iran to warn the Gulf states that it can block all oil ... Read more https://lob …
US keeps 645 million barrels of oil buried underground for emergencies USA TODAYThe last massive release of crude from the U.S. Strategic Petroleum Reserve was in 1991, when conflicts in the Middle East disrupted the oil markets. Read more https …
Airlines, retail and cruise shares fall, refiners surge as spiking crude will lift fuel costs CNBCAs investors worry about oil supply, airline and cruise ship stocks are getting hit, while some energy stocks are shooting upward. Read more https: …
CNBCA stealth boom in oil and gas spending will boost oilfield services stocks, Morgan Stanley saysCNBCOil and gas drillers are on the verge of a worldwide spending spree not seen since 2013, teeing up a potential windfall for oilfield services companies, …
The Globe and MailThe close: TSX rises as oil climbs above $45The Globe and MailCanadian stocks rose on Wednesday along with crude oil, as energy and raw-materials producers climbed, offsetting a slump in technology shares. The benchmark Standard & Poo …
BloombergOil's Magic Number Becomes $50 a Barrel for Promise of RecoveryBloombergBP Plc, rig-owner Nabors Industries Ltd. and explorer Pioneer Natural Resources Co. all said in the past 24 hours that prices above $50 will encourage more drilling or pro …