President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
The International Monetary Fund (IMF)'s director for Europe refused to rule out Greece needing a further bailout in the future — despite the success of its bond issue earlier during the week.
"Obviously Greece has large financial obligations in the next couple of years," Reza Moghadam told CNBC from the Spring meeting of the IMF and the World Bank in Washington D.C.
"Thanks to the extension of maturities by the European partners… those obligations come in gradually and they are a long time ahead… but it is clear that Greece will continue to need to raise money either from the markets or from the official sector to continue to meet those obligations."
Reuters reported on Friday that Moghadam had told a news conference in Washington that Greece was likely to need further financial help.
"The financing needs for the next two years remain very large. There will be continued need for support," he said, according to the news wire.
Greece tapped the bond market with its first long-term issue since 2010 on Thursday. It sold 3 billion euros ($4.2 billion) of five-year debt, at a lower-than-expected yield of 4.95 percent.
The deal was more than six-times oversubscribed, attracting orders of around 20 billion euros.
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