Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.
sergio russo By Mark Minnella Oil has crossed the $100 line again, and right on cue, the warnings are back.
Gulf Oil senior energy advisor Tom Kloza discusses the market effects of the Saudi East-West pipeline shutdown and rising diesel prices on 'The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebottomline #saudiarabia #saudi #oil #energy #pipeline #diesel #fuel #gas #markets #economy #business #prices #global #middleeast #trade #commodities #inflation
Rising oil prices helped push E.V. sales ahead of gas cars for the first time, even in a country that loves long road trips.