Oil and gas industry

John Wilson, with the New York Stock Exchange, monitors stock activity, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 10:36 am
NEW YORK (AP) — Stock markets around the world took an apprehensive step backward Monday after an attack on Saudi Arabia's biggest oil processing facility sent the price of oil surging. The attack, which Yemeni rebels said they were behind, raised worries about the risk of more disruptions for oil...
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Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, Sunday, Sept. 15, 2019. The weekend drone attack in Buqyaq on one of the world's largest crude oil processing plants that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owner -- the Saudi government and its ruling family. (AP Photo/Amr Nabil)
September 16, 2019 - 9:38 am
WASHINGTON (AP) — The Latest on the Trump administration and the weekend drone assault in Saudi Arabia (all times local): 10:20 a.m. A top White House official is downplaying the threat of imminent action against Iran after President Donald Trump said the U.S. is "locked and loaded" following a...
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Vice President Mike Pence leaves the White House, Sunday, Sept. 15, 2019, after a meeting in Washington. Senior U.S. officials, including the Vice President and Defense Secretary Mark Esper, were seen at the White House Sunday afternoon for a National Security Council meeting on a Saturday attack on Saudi Arabia's oil infrastructure that the U.S. has attributed to Iran. (AP Photo/Jacquelyn Martin)
September 16, 2019 - 8:46 am
WASHINGTON (AP) — Tensions are flaring in the Persian Gulf after President Donald Trump said the U.S. is "locked and loaded" to respond to a weekend drone assault on Saudi Arabia's energy infrastructure that his aides blamed on Iran. The attack, which halved the kingdom's oil production and sent...
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A currency trader watches the computer monitors near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Monday, Sept. 16, 2019. An attack on a critical Saudi Arabia oil plant has pushed crude prices sharply higher, though they moderated on expectations that reserves will help bridge any shortfalls in output.(AP Photo/Lee Jin-man)
September 16, 2019 - 6:23 am
BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai's index was unchanged...
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FILE - In this May 24, 2016 file photo, Republican then-presidential candidate Donald Trump speaks at a campaign event in Albuquerque, N.M. New Mexico law enforcement agencies are prepping for an upcoming Trump rally in Rio Rancho, N.M. on Monday, Sept. 16, 2019, three years after previous ones turned violent in Albuquerque. (AP Photo/Brennan Linsley, File)
September 16, 2019 - 5:02 am
SANTA FE, N.M. (AP) — Donald Trump lost New Mexico by 8 percentage points in 2016. Last year, his party lost a House seat and the governor's mansion. Last week, a congressional candidate went viral by taunting the president by name in an ad. Still, Trump is headed to New Mexico on Monday for a...
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Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, Sunday, Sept. 15, 2019. The weekend drone attack in Buqyaq on one of the world's largest crude oil processing plants that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owner -- the Saudi government and its ruling family. (AP Photo/Amr Nabil)
September 16, 2019 - 12:55 am
DUBAI, United Arab Emirates (AP) — The weekend drone attack on the world's largest crude oil processing plant in Saudi Arabia that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owners — the Saudi...
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Vice President Mike Pence arrives to the West Wing of the White House, Sunday, Sept. 15, 2019, in Washington. (AP Photo/Jacquelyn Martin)
September 15, 2019 - 10:02 pm
DUBAI, United Arab Emirates (AP) — The Latest on the tensions in the Persian Gulf a day after Iran-backed Yemeni rebels attacked major oil sites in Saudi Arabia (all times local): 4 a.m. President Donald Trump appears to be disputing the comments of senior aides, including Secretary of State Mike...
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This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 15, 2019 - 9:18 pm
An attack on Saudi Arabia's largest oil processing plant pushed crude prices sharply higher Monday, though its longer-term impact depends on how long production is disrupted and the attack's future implications. U.S. crude oil jumped $5.61 per barrel, or 10.2%, to $60.46 per barrel in electronic...
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This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Abaqaiq oil processing facility in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 15, 2019 - 8:10 pm
DUBAI, United Arab Emirates (AP) — A weekend drone attack on Saudi Arabia that cut into global energy supplies and halved the kingdom's oil production threatened Sunday to fuel a regional crisis, as the U.S. released new evidence to back up its allegation that Iran was responsible for the assault...
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FILE - In this May 24, 2016 file photo, Republican then-presidential candidate Donald Trump speaks at a campaign event in Albuquerque, N.M. New Mexico law enforcement agencies are prepping for an upcoming Trump rally in Rio Rancho, N.M. on Monday, Sept. 16, 2019, three years after previous ones turned violent in Albuquerque. (AP Photo/Brennan Linsley, File)
September 15, 2019 - 12:40 pm
SANTA FE, N.M. (AP) — Donald Trump lost New Mexico by 8 percentage points in 2016. Last year, his party lost a House seat and the governor's mansion. Last week, a congressional candidate went viral by taunting the president by name in an ad. Still, Trump is headed to New Mexico on Monday for a...
Read More

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