Oil and gas industry

President Donald Trump speaks before leaving the White House, Monday, Sept. 16, 2019, in Washington. (AP Photo/Manuel Balce Ceneta)
September 16, 2019 - 6:46 pm
WASHINGTON (AP) — President Donald Trump declared Monday it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. Oil prices soared worldwide...
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In this photo provided by the Kenosha County Sheriff's Office, Tyler Huffhines is pictured in a booking photo. Huffhines is accused of manufacturing thousands of counterfeit vaping cartridges a day with THC oil for almost two years, running the operation with 10 employees, authorities said. (Kenosha County Sheriff's Office via AP)
September 16, 2019 - 5:55 pm
MILWAUKEE (AP) — A Wisconsin man suspected of running an illegal operation to manufacture vaping cartridges flew to California last month to get THC oil in bulk to fill thousands of cartridges to sell, prosecutors said Monday in charging documents. Authorities in Kenosha, Wisconsin, arrested 20-...
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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 - 5:49 pm
Global energy prices spiked Monday by 15% after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated for...
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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 - 3:42 pm
Airlines, retailers and other consumer-focused companies helped pull stocks lower on Wall Street Monday afternoon after an an attack on Saudi Arabia's biggest oil processing facility sent crude prices soaring. The attack raised worries about the risk of more disruptions for oil at a time when the...
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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 16, 2019 - 3:38 pm
WASHINGTON (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 3:35 p.m. President Donald Trump says it's "looking like" Iran was responsible for the attacks on key oil installations in Saudi Arabia, but he...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 16, 2019 - 12:37 pm
WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump's trade war with China. After that, no one — not even the Fed itself — seems sure what it will...
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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 - 9:46 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 - 7:23 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 - 6:02 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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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 16, 2019 - 12:44 am
Oil prices surged Monday after an attack on Saudi Arabia's largest oil processing plant halted output of more than 5.7 million barrels of crude a day. But after an initial spike, crude oil prices moderated as traders analyzed the likely longer-term implications. By late morning in Asia on Monday, U...
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