Oil explorers and producers including Tullow Oil TLW, +7.74% and BP BP, +3.75% surged in early action while airlines including Ryanair RY4C, -2.
26% and Air France-KLM slumped in wake of the attack that took half of Saudi output offline, sending oil prices higher. Brent crude oil BRN00, +7.77% was trading at $65.27 a barrel, up over $5, as the Stoxx Europe 600 SXXP, -0.55% dropped 0.6%.
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Opec Slides Closer To Collapse As An Oil Glut Overpowers The Oil PriceA sliding oil price could be just the start of something more serious next year for Opec, the oil cartel, and its close associate, Russia. Forbes is still mystified by supply and demand Uhh did you not hear about the drone strikes on the Saudis causing them to shut down half their production? 🤔 Ya funny how Saudi just said the drone strikes would force them to halve production for a while...
Source: Forbes - 🏆 394. / 53 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 »
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
Source: CNBC - 🏆 12. / 72 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.
Source: trtworld - 🏆 101. / 63 Read more »
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 »
Europe ponders how to avoid blame for no-dealAs the courts are drawn into the argument, there is still no sign of an alternative proposal to the rejected deal in 2019 its better to live in europe that usa look california its became a trash of humans the european have a better life and get less medic that usa
Source: TheEconomist - 🏆 6. / 92 Read more »