Movers & Shakers: Sept. 16, 2019
The stories moving the markets and shaking up the world.
Oil prices soar after drone attack on Saudi facility
Oil prices jump following drone attack on Saudi oil facility
Stocks slide as oil surges to biggest gain in 11 years
The attack on the Saudi Aramco facility halted production of 5.7 million barrels of crude a day, more than half of Saudi Arabia's global daily exports.
Saudi oil attack: Higher prices could tip global economy into recession, analysts warn
Higher oil prices could tip the global economy into recession, S&P Global Platts analysts warned.
Trump: US ready to tap strategic reserve after Saudi oil attack
White House counselor Kellyanne Conway said the U.S. is ready to sell some of its Strategic Petroleum Reserve to stabilize global energy markets.
Saudi Arabia shuts down about half of its oil output: report
The production shutdown amounts to a loss of about 5 million barrels a day.
Saudi Aramco IPO could drown in sea of Iranian and U.S. oil
The Saudis want at least $70 a barrel for Saudi Aramco's IPO. And they really prefer $80 a barrel. If President Trump decides to lift sanctions on Iran, then it looks like the Saudis will be forced to delay its IPO yet again.
Movers & Shakers: Sept. 12, 2019
The stories moving the markets and shaking up the world.
Oil magnate T. Boone Pickens dead at 91
The self-made oil mogul died of natural causes.
Oil prices gain after bigger-than-expected fall in US stockpiles
Prices had ended lower on Tuesday, squeezed by speculation of sanctions-hit Iranian crude returning to the market following U.S. President Donald Trump's move to fire national security adviser John Bolton.
JPMorgan, Goldman on tap to lead Saudi Aramco IPO
Big banks on Wall STreet
Saudi Arabia makes oil power play
Saudi Arabia is concentrating power around Mohammed bin Salman.
Movers & Shakers: Sept. 9, 2019
The stories moving the markets and shaking up the world.
Pompeo: Sanctions could cut Iranian GDP by 12%
Iran's GDP could contract by 12% to 14% due to U.S. action after pulling out of the 2015 nuclear agreement.
Oil rises, set for weekly gain amid hopes for end to trade war
Brent is set to mark its fourth weekly gain, while U.S. crude is headed for a second weekly rise.
Democrats hit fossil fuel industry amid climate debate
Fossil fuel industry demonized
Oil eases on U.S. stocks build despite trade talk hopes
The gains add to a surge in prices on Wednesday that had been driven by a survey showing activity in China's services sector expanded.
Oil prices recover some ground, but economic concerns weigh
Oil prices sunk to a nearly one-month low on Tuesday following data that showed U.S. manufacturing activity in August contracted for the first time in three years
New York Times drops oil sponsorship and sparks debate: Should news orgs back agenda specific events?
The New York Times ended its sponsorship of the Oil & Money conference -- was the media organization caving to activist pressure or was it a business decision?


















