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Saudi Aramco hits new low on US-Iran tensions

Shares of Saudi Aramco opened at 34 riyals (US$9.06) today, their lowest level since the oil giant began trading on December 11, after Iran launched missiles on US targets in Iraq. At 0740 GMT, Aramco had recovered to 34.15 shares,

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Oil tumbles as investors rethink Mideast disruption risk

Oil prices today surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander. Brent crude LCOc1 fell as

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