Saudi Arabia ‘bullies’ wealthy families to pump cash into oil IPO Financial TimesSaudi Arabia is pressuring wealthy families to buy in to the initial public offering of its state oil giant, as part of a plan to achieve the $2tn valuation coveted …
Oil outlook as Saudia Arabia faces supply chain scrutiny Yahoo FinanceNew questions are surfacing over whether or not Saudi Arabia can bounce back quickly from the oil field attacks. Mona Mahajan, Allianz Global Investors U.S. ... Read more http …
WTI Oil Price Outlook: Sharp Moves, Nasty Headlines, Levels to Know DailyFXWTI crude oil prices closed last week below the 55-level, continuing to show tendencies of the range formation that had built over the prior month. The open this ... Read …
Seattle slows proposed ban on new natural-gas buildings; heating-oil tax advances Seattle TimesAt the request of businesses and unions, Seattle City Councilmember Mike O'Brien agreed to slow his plan to ban gas-piping systems in newly constructe …
Oil’s link to the broader stock market largely depends on the dollar: expert Yahoo FinanceMovements in oil prices can affect the broader stock market if the U.S. dollar significantly fluctuates. That's the assessment from David Bahnsen, founder …
Drone and missile debris proves Iranian role in Aramco attack, Saudi defense ministry says CNBCDrone and missile debris recovered by investigators at the Saudi Aramco attack site is proof of Iranian culpability, a Saudi defense ministry represen …
The oil field attacks could cost Saudi Arabia hundreds of millions of dollars per day Yahoo FinanceDrone attacks against the Abqaiq and Khurais oil fields on Sept. 14 in Saudi Arabia have roiled oil markets and, by extension, the global economy. …
Saudi Attack Makes Electric Vehicles Even More Important BloombergThe switch to EVs would cut dependence on unreliable supplies and do a lot to battle climate change. Read more https://www.bloomberg.com/opinion/articles/2019-09-18/saudi-drone-at …
Saudis Keep Oil Flowing as They Patch Up Wounded Industry BloombergSaudi Arabia reassured anxious customers that crude exports will keep flowing as normal and its industry can recover quickly from the worst attack in its history. Read more https …
Higher Oil Prices Don’t Matter for the Dow Jones Industrial Average Barron'sStocks have been remarkably stable since the price of oil spiked following an attack that cut off much of Saudi Arabia's production. That's actually quite sensible. Read …