• Oil prices whipsaw as traders digest attack on Saudi oil terminal

    1 month ago - By Business Insider

    A view shows Saudi Aramco's Wasit Gas Plant, Saudi Arabia in 2014.
    Saudi Aramco/Handout via REUTERS
    Brent oil, the international benchmark, surged above $70 for the first time in more than a year.
    Saudi Arabia said it intercepted drone and missile attacks aimed against its facilities.
    Yemen's Houthi rebels reportedly claimed they hit the facilities they targeted in Saudi Arabia.
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    Oil prices shot up past $70 for the first time in more than a year after key facilities in Saudi Arabia came under a missile and drone attack Sunday. Saudi...
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  • Tech stocks tumble as bond yields jump despite stimulus plans - while oil hits $70 after attack on Saudi Arabia

    1 month ago - By Business Insider

    Tech stocks around the world have suffered as bond yields have risen
    LightRocket/Getty Images
    Bond yields continued to rise on Monday, knocking tech stocks around the world once again. Higher yields make stocks look less attractive and weigh on the valuations of technology companies. Oil prices jumped after an attack on Saudi Arabian oil facilities sparked concern among investors. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Global tech stocks tumbled on Monday morning as rising bond yields made investors question the high prices of some companies, despite the...
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