Let's talk about oil. When asked what was on the top of his mind, Jim Cramer said that he was taking a close look at oil. Why? "I'm surprised that oil is doing well. I mean it's the first time that there's some notes about how oil could go up a lot...
Business Insider reports Saudi Aramco has delayed its scheduled mega-IPO. The world's largest oil company was poised to go public as soon as November. The plan was to first offer 1% or 2% of shares on Saudi Arabia's domestic exchange before listing..
The United States announced on Friday a new, large deployment of forces to Saudi Arabia to help bolster the kingdom's defenses following the Sept. 14 attack on its oil facilities, which Washington and Riyadh have blamed on Iran. Rough cut (no..
Reuters reports oil ended about 1% higher after a volatile trading session on Monday. Traders focused on when Saudi Arabia would be able to restore full output following the Sept. 14 attack on its facilities. Brent futures gained 49 cents, or 0.8%, to..
Saudi Aramco's facilities suffered devastating attacks last week.
Business Insider reports that while repairs are in emergency mode, it could still be months before they are fully operational.
Saudi officials and oil contractors say the estimate of..
Iranian President Hassan Rouhani will present a plan for creating security in the Gulf in cooperation with other countries in the region at next week's United Nations General Assembly, he said on Sunday. Rough Cut (no reporter narration).
Minister of State for Foreign Affairs Adel al-Jubeir told reporters Saturday that Saudi Arabia is awaiting the results of an investigation into the attacks on the Aramco oil production facilities. Rough Cut (no reporter narration)
Iran will pursue any aggressor, even it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran. Rough cut (no..
The United States has imposed sanctions on Iran's central bank, U.S. President Donald Trump told reporters at the White House on Friday, nearly a week after attacks on oil facilities in Saudi Arabia that some U.S. officials have pinned on Tehran...
Saudi Arabia on Friday took media to inspect oil facilities hit by the attacks that Washington and Riyadh blame on Iran. The tour showed melted pipes and burnt equipment, as Tehran vowed wide retaliation if tensions raised by the strikes boil over..
U.S. Secretary of State Mike Pompeo arrived in the UAE from Saudi Arabia on Thursday for talks with Abu Dhabi's crown prince, as tensions grew between America and its Gulf allies and Iran. Lauren Anthony reports.
Mike Pompeo headed to the UAE on Thursday for talks with Abu Dhabi's crown prince after meeting Saudi Arabia's de facto ruler the day before to discuss how to respond to an attack on Saudi oil. Rough Cut (no reporter narration).
U.S. Secretary of State Mike Pompeo said the U.S. supports Saudi Arabia’s “right to defend itself.” He said Iran’s behavior will “not be tolerated” in a meeting with Crown Prince Mohammed bin Salman. On his Twitter account, Pompeo also..
The Saudi Arabian military unveiled wreckage it says represents the proof of Iranian involvement in last weekend's attack on oil infrastructure. Meanwhile, President Trump vows new sanctions. Matthew Larotonda reports.
SAUDI ARABIA — Investigators in Saudi Arabia and the U.S. say there's a "very high probability" that the Saudi oil attack originated from Iran.
Reuters reports that the Abqaiq oil processing plant and Khurais oil field both run by state-owned..
On Wednesday, India's cabinet banned production and import of electronic cigarettes. It's a public health move that is seen dashing the expansion plans of companies such as Juul Labs and Philip Morris. Finance Minister Nirmala Sitharaman told a media..
Oil prices tumbled about 6% on Tuesday after Saudi Arabia’s energy minister said the country has managed to restore oil supplies to where they stood before weekend attacks on its facilities shut 5% of global oil output. Conway G. Gittens has the..
Reuters reports oil ended nearly 15% higher on Monday. Brent crude logged its biggest jump in over 30 years, with record trading volumes. The spike came after an attack on Saudi Arabian crude facilities cut the kingdom’s production in half. The..
SAUDI ARABIA — Iran has dismissed accusations from the United States that it was behind the recent attacks on Saudi energy facilities.
Reuters reports that two Saudi Arabia oil facilities run by state-owned company Aramco were set ablaze..
U.S. President Donald Trump said the U.S. is "locked and loaded" after the attack on Saudi oil, and has "reason to believe that we know the culprit." Meanwhile, analysts are warning that if the price of oil stays at record highs it could further risk..
Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday. The jump follows an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more than 5% of global oil supply. Reuters reports Brent..
Yemen's Houthi group claimed responsibility for drone attacks on two Saudi Aramco plants in the kingdom's Eastern Province on Saturday, the group's military spokesman said on Al Masirah TV. Lauren Anthony reports.