Saudi Oil Production Under Attack, Expect Reprisals
Saudi Oil Production Under Attack, Expect Reprisals.
Saudi Oil Production Under Attack, Expect Reprisals.
Oil To Hit $100? Pompeo Blames Iran For “Unprecedented” Drone Attack That Crippled Largest Saudi Oil Processing Facility.
Stocks Rise On Several Indicators The DJIA is enjoying its sixth straight day of gains, up 0.41%. The NASDAQ is leading the major indexes, up 0.88%, and the S&P 500 is up 0.51%. The gains come on several bits of news: First, China has waived 25% tariffs on 16 U.S….
Non-farm Payrolls Data Disappoints Non-farm payroll data was weaker than expected at 130,000 new jobs, missing forecasts in the 160,000–180,000 range. The consensus culprit is no surprise, the lingering trade war with China. The bad news was partially tempered by the unemployment reading, which was unchanged at 3.7%. In a…
Lam’s Move Lifts Stocks Globally The Hang Seng index jumped 4% on news that Hong Kong chief executive Carrie Lam will withdraw completely a divisive extradition bill at the heart of the Hong Kong protests. The news kicked off a global rally in stocks following losses yesterday. The news triggered…
Will Beijing’s Aggressive South China Sea Push Ensnare A U.S. Oil Major (Part 1).
The 10-Year Treasury note fell below 1.7% today, fueling fears of global recession in some corners. Headlines such as “The Dow Is Down…Because Recession Fears Are Growing” from Barron’s and are too much, too soon. Troubling Data? Yes… The U.S.-China trade war has cast a long shadow over virtually every…
Could The U.S. Use The “Oil Weapon” Against It Enemies?
Trump’s China Trade Threats Convulse Global Financial Markets.