Oil and gas industry

Workers refuel the tank at a gas station in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019. U.S. President Donald Trump declared Monday that it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. He stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. (AP Photo/Amr Nabil)
September 18, 2019 - 8:29 am
NEW YORK (AP) — The price of oil fell again Wednesday after the Saudi government said half of the production knocked out by an attack over the weekend had already had been restored. Benchmark U.S. crude fell about $1 to $58.29 per barrel in early trading. Brent crude, the international benchmark,...
Read More
Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 8:19 am
NEW YORK (AP) — Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year. Close attention will be paid to any clues Fed...
Read More
File -- In this Friday, May 17, 2019 photo a training ship for Saudi Arabia's border guard is pictured at the Peene shipyard in Wolgast, northern Germany. The German government extended the export ban on military equipment for Saudia Arabia until March 31, 2020. (Stefan Sauer/dpa via AP, file)
September 18, 2019 - 7:15 am
BERLIN (AP) — Germany has extended its ban on defense industry exports to Saudi Arabia for another six months, despite some calls for it to be relaxed in the wake of the recent attacks on the country's oil production facilities. The government said Wednesday the ban had been extended for six months...
Read More
FILE - In this Saturday, Sept. 14, 2019 file photo, a satellite image from Planet Labs Inc. shows thick black smoke rising from Saudi Aramco's Abqaiq oil processing facility in Buqyaq, Saudi Arabia. The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues of who launched them. (Planet Labs Inc via AP, File)
September 18, 2019 - 1:48 am
DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 12:45 p.m. Iran's state-run news agency says its president, foreign minister may not go to the United Nations General Assembly as the U.S. has yet to issue them visas. IRNA made the report Wednesday,...
Read More
Energy Minister Prince Abdulaziz bin Salman smiles as he is congratulated after a press conference in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019. Saudi Arabia's energy minister said Tuesday that 50% of its daily crude oil production that was knocked out by a weekend attack had been restored and that full production is expected by the end of the month.(AP Photo/Amr Nabil)
September 17, 2019 - 11:16 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia said Wednesday it joined a U.S.-led coalition to secure the Mideast's waterways amid threats from Iran after an attack targeting its crucial oil industry. The kingdom's decision to enter the International Maritime Security Construct came ahead of a...
Read More
This Feb. 14, 2019, photo released by Caltrans District 3 shows a 7-mile back up on the South bound Interstate 5, as it reopens to traffic in Maxwell in Colusa County, Calif. The Trump administration is poised revoke California’s authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy. (Caltrans District 3 via AP)
September 17, 2019 - 9:12 pm
WASHINGTON (AP) — The Trump administration is poised to revoke California's authority to set auto mileage standards, asserting that only the federal government has the power to regulate greenhouse gas emissions and fuel economy. Conservative and free-market groups have been asked to attend a formal...
Read More
A commuter walks past a huge sign of the new pump prices of gasoline and diesel following its implementation Tuesday, Sept. 17, 2019, in suburban Valenzuela city north of Manila, Philippines. Monday saw another round of oil price increase in the country which energy officials said is not related to the recent attacks in Saudi Arabia but has cautioned the public to brace for more spikes in the coming days. (AP Photo/Bullit Marquez)
September 17, 2019 - 11:36 am
DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest. Prices spiked Monday by more than 14%, their biggest single-day jump in years...
Read More
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 17, 2019 - 11:02 am
DUBAI, United Arab Emirates (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): 10 p.m. Saudi Arabia's energy minister says 50% of the production cut by the attack on its oil processing plant has been restored...
Read More
FILE - In this Sept. 13, 2019, file photo trader Timothy Nick, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 17. (AP Photo/Richard Drew)
September 17, 2019 - 8:58 am
NEW YORK (AP) — U.S. stocks stalled in midday trading Tuesday as investors await updates on oil output at a damaged Saudi Aramco facility and look ahead to a key interest rate decision from the Federal Reserve. Energy companies gave back some of Monday's gains as the price of oil retreated. U.S...
Read More
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 17, 2019. Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia’s biggest oil processing plant caused crude prices to soar, prompting selling of airlines and other fuel-dependent industries. (AP Photo/Ahn Young-joon)
September 16, 2019 - 11:55 pm
BANGKOK (AP) — Shares were mixed in Asia on Tuesday, led by declines in Chinese benchmarks after the credit ratings agency Moody's downgraded Hong Kong, citing the city's recent political turmoil. The U.S. and international benchmarks for crude fell back slightly after vaulting more than 14%...
Read More

Pages