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Oil tycoon T. Boone Pickens left behind an incredible letter about the best life lessons he learned, and every line is a must-read
In his final message before his death, T. Boone Pickens shared the most important lessons he learned on how to succeed in business and in life.
A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi to fire the person and alert police
The derivatives bets were unauthorized and disguised to look like customer trades, says Mitsubishi, which fired the employee this week.
The Fed cut rates by 25 basis points to counter slowing growth and the trade war, saying "moderate" action is enough for now. Oil rose 0.7% to about $64.
The Saudis say Iran was behind the strikes on its major oil sites, but the last thing they want is war
Saudi Arabia has said the attacks on its oil sites were "unquestionably sponsored by Iran," but the country appears hesitant to escalate tensions.
An expert told Business Insider that China has been the largest buyer of Saudi oil since 2009 and could be most impacted by a halt to oil exports.
The US is building a case against Iran in the attacks on Saudi Arabia, but Trump is in no rush to act
The US is publicly and in leaks to the press making the case that Iran struck Saudi oil sites, but it remains unclear what the next step will be.
Iran could be risking war over the Saudi oil fields because it deliberately wants to spike up the price of oil
If Iran was responsible for the shocking attack, it falls in line with a pattern of dangerous escalations to harm the US for its harsh sanctions.
Saudi officials knew they were ‘exposed’ to drone attacks months ago but they weren’t able to do anything to stop it
Drones have been used in attacks on Saudi airports, water facilities, and oil pipelines this year. Leaders knew their country was vulnerable.
Oil posted its largest-ever single-day jump on Monday after an attack on Saudi oil facilities disrupted production.
Trump boasts the US is ‘very high on ammunition’ while discussing prospect of war with Iran after Saudi oil field attacks
Trump said it's "looking" as though Iran is responsible for the Saudi oil field attack but said he doesn't "want war with anybody."