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Finance & Markets

CAC 40 Modestly Higher As Weak Oil Prices Aid Recovery

(RTTNews) - Thanks to easing crude oil prices and lower bond yields, France's equity benchmark CAC 40 edged higher on Wednesday, recovering from a four-month low it touched in the previous session.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline

So far this week, Saudi Arabia has sold as many as 20 million barrels of crude oil in the spot market to be picked up from just outside the Strait of Hormuz, after the Kingdom was forced to shut down…

  • Saudi Arabia sells 20 million barrels in spot market after pipeline attack
  • Buyers collect cargoes via ship-to-ship transfers in Gulf of Oman
  • Aramco delays September deliveries to European refiners

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