Oil Prices

Workers refuel the tank at a gas station in Jiddah, Saudi Arabia, Tuesday, Sept. 17, 2019.
Amr Nabil/AP Photo
AP News
September 18, 2019 - 5:48 pm
Oil prices retreated for a second day Wednesday even as the Saudi military blamed Iran for recent attacks to critical oil infrastructure and U.S. Secretary of State Mike Pompeo called the strike an "act of war."
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Donald Trump
Nicholas Kamm/AFP/Getty Images
CNN
September 18, 2019 - 10:33 am
President Donald Trump said he's ordered new sanctions on Iran, the latest escalation in tensions between the two countries following the attack over the weekend on Saudi oil facilities. Read more here.
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Storage tanks at North Jiddah Aramco oil facility
Amr Nabil/AP
AP News
September 17, 2019 - 7:28 am
Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. Read more here.
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Oil prices are trading at their highest levels since May after Saturday's attack on Saudi Arabian oil facilities disrupted the global supply of crude.
Spencer Platt/Getty Images
CNN
September 16, 2019 - 1:10 pm
Oil prices have spiked after a devastating attack on the heart of Saudi Arabian oil production over the weekend shocked markets and could disrupt the global supply of crude for some time.
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US oil prices raced above $65 a barrel on Monday for the first time since Halloween after the White House pledged to deepen its crackdown on Iran.
Anadolu Agency/Getty Images via CNN
April 22, 2019 - 2:52 pm
By Matt Egan, CNN Business (CNN) - - US oil prices raced above $65 a barrel on Monday for the first time since Halloween after the White House pledged to deepen its crackdown on Iran. The Trump administration vowed to bring Iran's oil exports to "zero" by removing the waivers that previously...
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President Donald Trump speaks to the media before leaving the White House in Washington, Tuesday, Nov. 20, 2018, to travel to Florida, where he will spend Thanksgiving at Mar-a-Lago.
AP Photo/Manuel Balce Ceneta
November 21, 2018 - 10:16 am
By Deb Riechmann, Associated Press WASHINGTON (AP) — President Donald Trump on Wednesday publicly thanked Saudi Arabia for plunging oil prices amid criticism over his decision not to further punish the kingdom for the killing of U.S.-based columnist Jamal Khashoggi. Trump, who made clear in an...
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Oil prices are falling fast. Here's why
Shutterstock/CNNMoney
May 29, 2018 - 11:40 am
By Alanna Petroff (CNN Money) -- What a difference a week can make. Oil prices surged to their highest level in over three years last week, and strategists were marveling that prices had shot up so quickly. Now prices are slumping. US crude oil futures have dropped by nearly 10% to trade around $66...
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