Deep Dive: These oil stocks rise the most after supply disruption in the Middle East
(Updated with market close information.)
Shares of energy companies shot up Monday in the wake of the aerial attack on Saudi Arabia’s Abqaiq oil facility. That led to the suspension of about 5% of world oil production, the largest supply disruption ever.
Phil Flynn, a senior market strategist with the Price Futures group who writes a daily energy report, said that even though the oil-supply…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.