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Reuters BusinessSep 16, 2019
Oil trims gains but Middle East risks keep stocks on back foot
Oil futures shed some of their massive gains on Tuesday as the United States flagged the possible release of crude reserves, but the threat of military action over the attacks on Saudi oil facilities kept prices elevated and stocks under pressure.

CNBC BusinessSep 16, 2019
Everything Jim Cramer said on 'Mad Money,' including Saudi oil strikes, valuing cloud stocks, Paxos
Jim Cramer breaks down Wall Street's reaction to drone strikes on Saudi Arabian oil facilities, how Wall Street values cloud stocks and interview with Paxos CEO.

Reuters Company NewsSep 16, 2019
GLOBAL MARKETS-Oil trims gains but Middle East risks keep stocks on back foot
Oil futures shed some of their massive gains on Tuesday as the United States flagged the possible release of crude reserves, but the threat of military action over the attacks on Saudi oil facilities kept prices elevated and stocks under pressure.

MarketWatch MarketPulseSep 16, 2019
Dow snaps eight-day winning streak after Saudi oil attack
U.S. stocks ended lower on Monday after investors were rattled by a drone strike on Saudi Arabian oil facilities over the weekend. The S&P 500 fell 0.3% to end around 2,998. The Dow Jones Industrial Average shed 143 points, or 0.5%, to end near 27,077, based on preliminary numbers. The Nasdaq Composite was down 0.3% to finish around 8,154. The drone attack underlined the vulnerability of major oil producers in the Middle East, renewing geopolitical fears over the region. Fears of tightening supplies sent values for crude surging. U.S. crude prices rose by more than 14% to settle at $62.90 a barrel on Monday, marking its biggest daily gain since Sept. 2008. Investors also raised concerns that the U.S. may escalate its current conflict with Iran over the attack.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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USA Today MoneySep 16, 2019
Dow falls as oil prices jump after Saudi oil attack, raising specter of higher gas prices
Stocks opened lower Monday as the attack on Saudi Arabian oil facilities pushed oil prices and raised the prospect of more expensive gasoline.       

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Airlines, retail and cruise shares fall, refiners surge as spiking crude will lift fuel costs (CNBC Finance)

Reuters Company NewsSep 16, 2019
US STOCKS SNAPSHOT-Wall St indexes fall while energy sector soars
Energy stocks spiked while Wall Street's three major indexes lost ground on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a slowing global economy.

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Wall Street drops after Saudi attacks, energy stocks spike (Reuters Business)

The Motley FoolSep 16, 2019
Offshore Drilling Stocks Surge After Saudi Oil Facility Attack: Here's What You Need to Know
Higher oil prices resulting from a prolonged outage from one of the world's biggest sources improve the prospects for offshore oil. At least that's what Mr. Market seems to think today.
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