"It's amazing how the averages pretty much shrugged off such a major [oil production] decline," CNBC's Jim Cramer says.
"So there were real areas of weakness, but the truth is this market held up incredibly well," he says after the major indexes fell less than 1% following drone attacks on Saudi Arabia's oil facilities.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. energy secretary says oil market robust after attack on Saudi plantsThe oil market is resilient and will react positively to the attack on Saudi Ara... Does anyone else think that this attack could have been staged to force the US to go to war And the three departments I want to cut are... wait, who am I? Same thing they said about my Grandmother after her 4TH stroke.
Source: Reuters - 🏆 2. / 97 Read more »
Markets Right Now: Stocks fall as oil prices spikeStocks are lower early Monday as oil prices spike following a weekend attack on major oil facilities in Saudi Arabia. Know who gives no fucks about oil prices? Tesla owners Just woke up. Has the orange clown and his malevolent son in law taken America into another unnecessary war yet?
Source: ABC - 🏆 471. / 51 Read more »