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Google Business NewsSep 16, 2019
Trump's Deference to Saudis in Setting Terms for How U.S. Should Respond to Attacks Touches a Nerve - The New York Times
Trump's Deference to Saudis in Setting Terms for How U.S. Should Respond to Attacks Touches a Nerve  The New York TimesIran fired cruise missiles at Saudi oil facility l ABC News  ABC NewsSaudi attacks send oil prices soaring: Live updates  CNNDaniel Turner: Saudi attacks hit oil prices but THIS is what American energy independence means now  Fox NewsIran Might Be America's Enemy, but Saudi Arabia Is No Friend  The New York TimesView full coverage on Google News

Reuters Company NewsSep 16, 2019
UPDATE 1-Petrobras CEO promises to hold fuel prices steady -Bolsonaro
Brazilian President Jair Bolsonaro said on Monday that state-run oil firm Petrobras was not planning to raise fuel prices in response to the weekend attacks in Saudi Arabia.

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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Market Extra: Stocks tend to rise in months after big oil-price jump — but beware the drawdowns (MarketWatch)

MarketWatchSep 16, 2019
Market Snapshot: Dow falls, poised to snap 8-session win streak as oil market's historic supply disruption rattles
U.S. stock-indexes on Monday are set to pull back from record range and the Dow was set to halt a win streak at eight consecutive days as a weekend attack against Saudi Arabia's oil-production facilities unsettled global markets and sent crude prices rocketing higher.

Reuters BusinessSep 16, 2019
Trump says U.S. does not need Middle East oil, but cargoes keep coming
Amid a flurry of Twitter posts on Monday morning, U.S. President Donald Trump turned to the weekend attack on Saudi Arabia's oil facilities and assured his audience the United States had become such a big producer it no longer needed oil from the Middle East. (See tweet https://twitter.com/realDonaldTrump/status/1173560246863876096)

Google Business NewsSep 16, 2019
Trump says it looks like Iran was behind Saudi oil field attack - CNN
Trump says it looks like Iran was behind Saudi oil field attack  CNNIran fired cruise missiles at Saudi oil facility l ABC News  ABC NewsSaudi attacks send oil prices soaring: Live updates  CNNDaniel Turner: Saudi attacks hit oil prices but THIS is what American energy independence means now  Fox NewsU.S.-Iran Tensions, and Fears of War  The New York TimesView full coverage on Google News

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.

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

Reuters BusinessSep 16, 2019
Too soon to say if U.S. emergency oil release needed, Perry tells CNBC
U.S. Energy Secretary Rick Perry said on Monday it was too soon say whether the United States would have to tap its emergency petroleum reserves following weekend attacks on Saudi Arabian oil facilities that shook global oil markets.
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