Oil steady as Saudi tensions balance weaker demand outlook [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Oil steady as Saudi tensions balance weaker demand outlook Oil prices steadied on Monday as tension over the disappearance of a prominent Saudi journalist stoked supply worries, balancing concerns over the long-term demand outlook. Crude markets were also supported in the wake of data that showed South Korea did not import any oil from Iran in September for the first time in six years, before U.S. sanctions against the Middle Eastern country take effect in November. Brent crude were down 1 cent at $80.42 a barrel by 1:19 p.m. ET. U.S. crude futures rose 5 cents to $71.39 a barrel. On Monday, Trump said he had spoken with King Salman about Khashoggi and that he was sending Secretary of State Mike Pompeo to meet the king immediately. Trump also told reporters he believes "rogue killers" may have been responsible for Khashoggi's disappearance. The comment from the president eased nerves in the oil market by opening a potential pathway for the royal family to escape culpability, said Joh
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CMCSA
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- 4/25/24 - Beat
CMCSA
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- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- CMCSA's page on the SEC website