The United States is considering increasing its intelligence sharing with Saudi Arabia after Saturday's attack on Saudi oil facilities that halved the kingdom's production and jolted world oil markets, U.S. officials told Reuters.
Here are the biggest calls on Wall Street on Monday
U.S. and Chinese deputy trade negotiators are expected to meet on Friday, with senior negotiators likely to meet about a week and a half later, U.S. Chamber of Commerce CEO Tom Donohue said on Monday, citing a conversation with U.S. Trade Representative Robert Lighthizer.
As opioid-related deaths have soared, thousands of lawsuits have been filed seeking damages from drugmakers and distributors. The following is a summary of where and how the opioid litigation is playing out across the United States:
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.
Russia is ready to help Saudi Arabia following attacks on the Saudi oil industry if needed, Russian President Vladimir Putin said after talks with leaders of Turkey and Iran in Ankara on Monday, and proposed Russian weapons for purchase.
Bahrain's national oil and gas authority said on Monday that facilities at Bapco refinery were continuing without impact on the provision of oil derivatives in the local market, state news agency BNA reported.
Funding Report for Week Ending 9/15/2019
The post Funding Report for Week Ending 9/15/2019 appeared first on Crowditz.
New Companies for Week Ending 9/15/2019
The post New Companies for Week Ending 9/15/2019 appeared first on Crowditz.
Saudi Aramco has changed the type of crude loading onto a tanker due to go to Asia to Arab Heavy from Arab Light, a source familiar with the matter said.
Oil prices jumped roughly 12% on Monday after an attack on Saudi Arabian crude oil facilities over the weekend sliced the kingdom's production in half and intensified concerns of retaliatory actions in the Middle East.
The German government said on Monday its supply of oil was not affected by attacks at the weekend against Saudi refineries and any decision to release strategic reserves needed to be made jointly with members of the International Energy Agency (IEA).
The oil market is resilient and will react positively to the attack on Saudi Arabia's oil industry, U.S. Energy Secretary Rick Perry said on Monday, blaming the attack firmly on Iran.
The European Commission said on Monday it was important to determine the facts behind the attack on Saudi Arabia's oil facilities before establishing who was responsible.
Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.