Crude oil prices made a sharp reversal today on two new developments ...
After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia.
By Diane Alter, Contributing Writer, Money Morning -
Crude oil prices made a sharp reversal today on two new developments ...
After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia.
But the real story is the recent Saudi oil price cut and what it means for U.S. oil producers...
By Diane Alter, Contributing Writer, Money Morning -
Crude oil prices made a sharp reversal today on two new developments ...
After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia.
But the real story is the recent Saudi oil price cut and what it means for U.S. oil producers...