Dow Futures Collapse on Threat of More Devastating Oil Attacks

2019-9-17 12:55

Dow Jones Industrial Average (DJIA) futures collapsed in early trading Monday after drone strikes in Saudi Arabia devastated the oil market. Two attacks on Saudi oil sites triggered a 17% rise in the oil price and a knock-on effect on global stock markets.

  But if reports out of Yemen are to believed, the damage isn’t […]

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oil futures dow attacks saudi devastating threat

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Oil Prices See Unprecedented Surge Following Devastating Drone Attacks on Saudi Production Fields

Oil prices skyrocketed in early futures trading on Monday, as Saudi Arabia rushed to restore lost output following a weekend attack on the kingdom’s production fields. The attack, which was claimed by Yemen’s Houthi rebels, is considered a game-changer in Saudi Arabia’s multi-year effort to rein in its opponents to the south.

2019-9-16 02:07