The U.S. and international benchmarks for crude oil each rose around 10%. Shares of oil producers rose sharply, with ConocoPhillips gaining 6.5%.
Companies in fuel-dependent industries fell. American Airlines dropped 4.5% and Royal Caribbean Cruises slipped 2.7%. The Dow Jones Industrial Average fell 88 points, or 0.3%, to 27,130. The index has risen for eight consecutive days.Bonds rose after a recent sell-off. The yield on the 10-year Treasury dropped to 1.86% from 1.90% Friday. That hurt bank stocks, with Citigroup dropping 1.2%.
Just woke up. Has the orange clown and his malevolent son in law taken America into another unnecessary war yet?
Know who gives no fucks about oil prices? Tesla owners
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airline stocks hit hard as crude oil prices spike after Saudi processing plant attackedShares of airline companies took hard hits on Monday, as a spike in oil prices sparked concerns about rising fuel costs. The stocks of all six air carrier... Fear Marketing... Production will likely be restored today. Apples and oranges. Oil spike data pre-Trump is irrelevant to U.S. stocks. We are oil independent now. OPEC is impertinent.
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall Street set to open lower after Saudi attacks; energy stocks surgeWall Street was set to open lower on Monday as the weekend attack on Saudi Arabi... Nixon froze gas prices---let that sink in simple but powerful illustration of the consequences. you can be a billionaire also in this way, i mean loosing much money. like i always say the business have 2 faces. destroy to rebuild, or invest to improve. anyway. if you want to find out who was behind the attacks maybe look at who made really big plays in energy stocks recently
Source: Reuters - 🏆 2. / 97 Read more »
European stocks seen lower on geopolitical tensions and weak Chinese dataEuropean stocks were expected to open lower Monday morning as investors digest an escalation of tensions in the Middle East following an attack on Saudi oil. Well, Brace for a down-turn Trump on Monday into Friday! Thanks Jared for all your work in the Middle East Is Burj Khalifa public? Its stock & others related to it (hotels, etc) should also be declining. BuY tHe Dip Green by close! Hurry!
Source: CNBC - 🏆 12. / 72 Read more »
Saudi, Gulf stocks fall after attack on Aramco oil plantsSaudi stocks plunged 2.3% as the market opened on Sunday, after attacks ... Very sad for Saudi stocks. Great news Oh very sad.
Source: Reuters - 🏆 2. / 97 Read more »
Resilient U.S. Growth Propels Stocks as Trade Fears EaseInvestors are piling back into stocks and unwinding massive bets on haven assets, illustrating renewed faith that a resilient U.S. consumer can continue powering economic growth. It's ok Saudi Arabia & gulf countries are always willing to help ....
Source: WSJ - 🏆 98. / 63 Read more »
Saudi, Gulf stocks fall after attacks on Aramco oil plantsSaudi stocks fell sharply on Sunday, after attacks on two plants at the heart of... Real courage adjust the nerves. يشتوا يتوهونا:الطائرات المسيرة التي قصفت بقيق وخريص بالسعوديه جأت من ايران ؛لاالعراق لاالبحرين !!؟مايهمنا إنها حققت هدفها؛والاهم ان الاستهداف هو رد للعدوان السعودي الامريكي على اليمن المستمرمنذ خمس سنوات اليمن_شفت_الدبل_قيق What is your intention about not using the complete name of “Persian Gulf”
Source: Reuters - 🏆 2. / 97 Read more »