Analyzing through printed out stock data
Markets

"Here’s what the departure of Saudi Arabia’s al-Naimi means for oil prices"

Adam posted over the weekend on the departure of Ali al-Naimi, Saudi Arabia's oil minister for 30 years!

But, he got the flick, Deputy Crown Prince Mohammed bin Salman doing the firing.

Market Watch have a piece in which they try to tease out the implications for the oil price. In short:

  • Now uncertainty in the wake of Saturday's news could give oil prices a push in the near term

The article is here for much more.

Globex crude futures open for trade at 6pm in Chicago ... so plenty of time to wonder whats gonna happen before then!

if its any help, Dubai stocks ( Dubai Financial Market General Index) closed about a half percent higher on Sunday, they'd been around 1% up at one stage of the day.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos