Jim Cramer makes a call for investors to snap up these stocks in the oil patch. The positives cannot be ignored!» Read More
TOKYO, March 31- Asian purchases of Iranian crude fell by a quarter in February from a year ago, led by big drops in India and South Korea, although the future of Tehran's oil exports remains murky as it and six world powers race to reach a preliminary nuclear deal. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- though down on-year, bounced...
DUBAI, United Arab Emirates— Saudi Arabia has undertaken several initiatives to attract foreign capital outside of its oil and gas sector, the deputy governor of the kingdom's investment authority said Monday. Prince Saud spoke to The Associated Press on the sidelines of the fifth Annual Investment Meeting held in Dubai, United Arab Emirates.
Yemen's ousted president Abd-Rabbu Hadi vetoed calls for a ceasefire, backing air strikes by a Saudi Arabia- led coalition, the FT reported.
A Yemeni official said the Saudi-backed operation in the country would only take days, but experts said an easy conclusion is unlikely.
former Under Secretary of Commerce for Economic Affairs Robert Shapiro of Sonecon discusses the Saudi oil threat.
*Success would establish Riyadh as leader of Sunni states. RIYADH, March 27- Saudi Arabia's campaign to stop the Houthis from ruling over Yemen could define its role in the Middle East for years and shape its regional struggle with the rebels' ally Iran. Success would establish Riyadh as de facto leader of the region's Sunni states it has pulled together in a...
Kerry Craig, market strategist at JP Morgan Asset Management, talks about the current crisis in Yemen and how oil and Saudi Arabia are involved in it.
Discussing global markets and supply risks in oil, related to activity in Yemen, with Richard Mallinson, Energy Aspects.
CNBC's Hadley Gamble reports on the aftermath of another round of Saudi-coalition air strikes in Yemen.
War planes have reportedly struck an air force base a few kilometers from an oil field in Yemen. CNBC's Hadley Gamble discusses the latest developments.
Yeme's current political conflict can be linked to escalating tensions between Iran and Saudi Arabia, says Jonathan Pain, author of the Pain Report.
Jason Feer, Head of Business Intelligence at Poten & Partners, says Saudi Arabia and its allies are prepared to do everything they can to stop the advancement of Houthi militants.
“Mad Money” host Jim Cramer is eyeing the Middle East’s impact on oil.
Jim Cramer sees that Saudi Arabia's launch of military operations in Yemen will have a different impact on oil prices.
The dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the greenback.
*Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against the Iran- backed...
Even as crude oil surges, energy stocks actually dipped on Thursday. What's behind the divergence?
Kent Moors, Global Energy Symposium, discusses the effect on oil prices from Saudi Arabia going to war in Yemen.
CNBC's Patti Domm discusses what the market is expecting in anticipation to Friday's report.
*Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...