The price of Brent crude spiked 20% to a high of $71.
95 a barrel when Asian trading opened on Monday, which would have been the global benchmark’s biggest one day rise in more than 30 years. But by the U.S. morning, Brent had retreated to $65.75, a gain of 9.2%, as traders gauged how much extra inventory is available to meet the demands of the global economy.
After Donnie's strategic reserve release ...
The market didn't know that? How odd for an efficient market not to know or understand the concept of 'emergency reserves'.....casino
Very happy happy oil companies
What’s “emergency reserves” is that for the rich whites to populate a island in the pacific. What’s the emergency going to be? “We only have enough oil to build a city that allows white christian actors to live lavishly with only 1 Porsche allowed and woman no older than 16”
This is ALL a direct result of Trump’s asinine decision to unilaterally pull out of the Iran nuclear deal. Who likes war more than a failing American President? Especially one who's energy and foreign policies are expanding fossil fuel dependance and development.......
A rookie error.
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Oil Prices Spike As U.S. Accuses Iran Of Attack On Saudi Oil FieldsThe U.S. has released images they claim show Iran was behind the attack on Saudi oil facilities over the weekend, not the Houthi rebels in Yemen who claimed the strikes. IGotGlitterOnMe Yeah, it was nice when there was a regional power that kept Iran busy. Now they have the ability to reach out an affect the world. Good Job, ass holes. i wonder how this affects climate change..
Source: Forbes - 🏆 394. / 53 Read more »
Oil prices surge after attacks hinder Saudi outputThe attack by Tehran-backed Huthi rebels in neighbouring Yemen, where a Saudi-led coalition is bogged down in a five-year war, hit two sites owned by state-run giant Aramco and effectively shut down six percent of the global oil supply.
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Oil prices surge 15% after attack on Saudi facility hits global supplyOil prices surged more than 15% at the open on Sunday after an attack on Saudi A... Ridiculous Did any people or animals 🐪 get hurt? Kenya is happy. She can now comfortably raise local fuel prices.
Source: Reuters - 🏆 2. / 97 Read more »
Oil prices surge as attack on Saudi facility disrupts outputOil prices surge: An attack on a critical Saudi Arabia oil plant pushes crude prices sharply higher, though the long-term impact depends on how long production is disrupted and how the U.S. and countries in the Mideast react. US oil demand down and this represents no oil the requires at this time.......Let’s all watch the pump price go up for no reason this week. Here we go again....No American soldiers should put their lives on the line for Saudi oil. Estos locos ya deberían pasar a una elección presidencial en lugar de seguir fundiendo a ese pobre país.
Source: AP - 🏆 728. / 51 Read more »
European stock markets fall as oil producers surge and airlines tumble on Saudi attackEuropean stock markets fell on Monday as traders reacted to the news of the attack that took half of Saudi Arabia’s oil output offline, sending oil producers much higher while airlines struggled. Been up early watching the stock markets. Last night I filled up the car dulling knowing the gasoline prices are going up due to the drone. Fill up your car this morning, it will go up. Trump is lock and loaded for war. Airline and cruise ships will have higher prices. I'm ready
Source: MarketWatch - 🏆 3. / 97 Read more »
Oil stocks in Asia Pacific surge as drone attacks disrupt Saudi productionDrone attacks over the weekend knocked out about half of Saudi Arabia's daily crude production, causing oil prices to shoot up. Big deal Saudi Aribea is a nice country , they do their best to bring oil to all the world easily with a fair price . Our mission at is to build the social media platform that ends fake news
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