The oil market is moving into 'uncharted territory': Analyst
Wayne Gordon of UBS Global Wealth Management says any oil production from Saudi Arabia beyond 11 million barrels per day is "largely untested." Source: CNBC RSS...
Wayne Gordon of UBS Global Wealth Management says any oil production from Saudi Arabia beyond 11 million barrels per day is "largely untested." Source: CNBC RSS...
Iran's exports of crude oil averaged 1.33 million barrels per day in the first two weeks of October, according to data from Refinitiv Eikon. Source: CNBC RSS...
Jim Cramer breaks down why last week's sell-off is making Yum Brands' stock an attractive buy into weakness. Source: CNBC RSS...
A statement by Saudi Arabia on Sunday stirred fear that Riyadh could use its influence over the oil market to punish foreign powers if the kingdom faces censure over its alleged role in the disappearance of journalist Jamal Khashoggi. Source: CNBC RSS...
Oil prices could surge to all-time highs if the U.S. imposes economic sanctions against Saudi Arabia, according to an opinion piece written by the general manager of Saudi Arabia-based Al Arabiya television. Source: CNBC RSS...
Oil prices could rocket higher amid the international fallout from the case of missing Saudi journalist Jamal Khashoggi, analysts said on Monday. Source: CNBC RSS...
Saudi Arabia has come under scrutiny over the disappearance of Jamal Khashoggi, a journalist and prominent critic of the administration. Source: CNBC RSS...
Stephen Blank of the American Foreign Policy Council says the U.S. and other countries can ramp up production, should Saudi Arabia retaliate in the Jamal Khashoggi case by reducing oil supply. Source: CNBC RSS...
OPEC ministers announced a deal that will increase oil supplies after the producer group capped output for 18 months. Source: CNBC RSS...
Though he may still achieve that, his success in doing so now rests heavily on how quickly, decisively and transparently he can manage the current crisis and learn from his mistakes. Source: CNBC RSS...