[ad_1] (Reuters) – Energy stocks spiked while the rest of Wall Street fell on Monday after weekend attacks on Saudi Arabia’s oil facilities added to investors’ concerns about geopolitical risk and a slowing global economy.
Oil jumps nearly 15% in record trading after attack on Saudi facilities
[ad_1] NEW YORK (Reuters) – Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a record trading volumes, after an attack on Saudi Arabian crude facilities
Buyers of Saudi oil scramble for alternatives, U.S. exports ramp up
[ad_1] NEW YORK/SINGAPORE (Reuters) – The oil markets were in turmoil on Monday after the weekend’s attack on Saudi facilities, as refiners in top consumer Asia looked for alternative supplies, U.S. crude producers ramped up
Atlantia’s CEO set to step down as bridge probe darkens
[ad_1] MILAN (Reuters) – The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting its top shareholder, the Benetton family, to pull
Oil prices up 12% after attack on key Saudi oil facilities
[ad_1] NEW YORK (Reuters) – Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom’s production in half and intensified concerns of retaliatory
Evidence points to Iran weapons used in Saudi strike, says alliance, as oil jumps
[ad_1] DUBAI (Reuters) – An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President
Explainer: How the Saudi attack affects global oil supply
[ad_1] LONDON (Reuters) – The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly four months. A
Indian Oil Corp seeks LNG cargo for second half of October delivery
[ad_1] LONDON/SINGAPORE (Reuters) – Indian Oil Corp is seeking a liquefied natural gas (LNG) cargo for delivery in the second half of October, two industry sources said on Monday. The cargo is sought for delivery
Oil up 10% on Saudi attacks, stockpile hopes pare early gains
[ad_1] LONDON/SINGAPORE (Reuters) – Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the 1990-1991 Gulf crisis, after an attack on Saudi Arabian oil facilities
Biggest oil price surge since 1991 as ‘locked and loaded’ U.S. points finger at Iran for attack
[ad_1] DUBAI (Reuters) – An attack on Saudi Arabia that shut 5% of global crude output caused the biggest surge in oil prices since 1991, after U.S. officials blamed Iran and President Donald Trump said