KQED Nightly Business Report July 14, 2024
Cutore than half of the kingdoms output and it sparked fears of a Global Supply crunch. Th result was t biggest oneday gain for domestic crude prices in almost 11 years. They rose 15 after having been h as m 20 . And the shock rippled through reher markets as well. It sent s of exxon mobil and chevronigher making them two of the best performing stocks in the dow today. Refiners took a hitecau many depend on saudi arabias distinct heavyru and off shore oil drillers rose. Oil stocks fell on concernsab t higher fuel costs. Cruise lines came under pressure for fear that the price spike could becom...