Saudi Arabia: Drones were of Iranian origin
The oil installations in Saudi Arabia "were hit by Iranian drones" last Saturday, and the attack was not carried out from Yemen. That's what a spokesman for the Saudi Arabia-led coalition of countries fighting the Houthi rebels in Yemen…
Saudi Arabia restarts old oil fields to compensate production
Oil prices recovered somewhat on Tuesday from the huge price rise that was achieved the day before. The attack on two major oil installations in Saudi Arabia, with which about 5 percent of global oil production was shut down, led to the…
Microsoft is working on 15″ Surface Laptop 3
According to the usually well-informed Winfuture, Microsoft will soon launch a successor for the Surface Laptop 2. Where the current version is 13.5-inch, the new one would come in 15-inch. This Surface Laptop 3 would use AMD processors - a…
Trump views at military options against Iran after the attack on Saudi refineries
President Trump suggests on Twitter that the United States is considering military action after this weekend's attack on the heart of the Saudi oil industry. He awaits further steps in Saudi Arabia. Earlier, Foreign Minister Pompeo tweeted…
Attack on oil installations may spell a disaster for the region
Crude oil prices rose sharply on Monday, in response to the attack on two oil plants in Saudi Arabia. This halted around 5 percent of worldwide oil production. It will probably take weeks before production is restored. The price of Brent…
Chinese growth continues to be under pressure
Chinese economic growth slowed further in August. This is apparent from various macroeconomic figures released on Monday. According to experts, they are a signal that the current monetary stimulus measures in the country, including…
First strike hit GM in twelve years
The American car giant General Motors (GM) is suffering from the first strike in twelve years. Staff have left work at dozens of locations in the United States because of a conflict about wages and jobs, among other things. Trade union…
Oil companies are on the rise at Asian stock exchanges
The oil companies were popular on the Asian markets on Monday due to the sharp rise in oil prices, which followed the attack on two oil installations in Saudi Arabia. The Asian stock market indicators themselves showed a mixed picture after…