surged 4% to begin the week after a drone strike on a Saudi oil facility squeezed global supplies.James Camp, managing director of strategic income at Eagle Asset Management, said this spike in oil prices could be short-lived.
Kevin Book, managing director of research at ClearView Energy Partners, said it could take time for oil markets to stabilize. Jason Hunter, head of U.S. equity technical strategy at J.P. Morgan, said this could give the rotation into value even more strength.
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Energy prices spike after Saudi oil attack, US blaming IranGlobal energy prices spike after weekend attack on key oil facilities in Saudi Arabia caused worst disruption to world supplies on record. So the murderer, SaudiCrownPrince, told his friend Donnie that prices are getting to low, we need a distraction and Donnie helps with accusing Iran/Iraq with the attack. Guess TrumpTower in Mecca is moving right along, instead of TrumpLibrary at Rikers Island put it in Mecca Of course it was Iran, who else would do it and had missiles like that? Its time for war no other way to stop Iran now Trump needs to declare War on Iran already. They will just get worse because they think no one will do anything .
Source: ABC - 🏆 471. / 51 Read more »
U.S. energy secretary says oil market robust after attack on Saudi plantsThe oil market is resilient and will react positively to the attack on Saudi Ara... Does anyone else think that this attack could have been staged to force the US to go to war And the three departments I want to cut are... wait, who am I? Same thing they said about my Grandmother after her 4TH stroke.
Source: Reuters - 🏆 2. / 97 Read more »
Energy prices spike after Saudi oil attack, U.S. blaming IranGlobal energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was 'locked and loaded' to respond. I cringe each and everytime I read the words 'locked and loaded.' The unstable genius has spoken. 🤦🏾♀️ Time for the US Destroyers to let Mr Cruise pay a visit to the Iranian oil fields for a little taste of paybacks in kind... US ally US blames Iran ... no evidence! US ready to respond US seems to benefit by using its reserves 'we lied, we cheated, we stole' ... Mike Pompeo
Source: latimes - 🏆 11. / 82 Read more »