Will threats between Saudi Arabia and the U.S. mean higher gas prices for you? [MSN Money]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: MSN Money
© mattjeacock / iStock.com Oil pump against sunset sky U.S. and Saudi Arabia relations continue to grow tense after the disappearance and killing of journalist Jamal Khashoggi on Oct. 2. The event has sparked an international backlash, with various executives, including JPMorgan Chase CEO Jamie Dimon, withdrawing from Saudi Arabia’s Future Investment Initiative conference. Furthermore, U.S. politicians are demanding that President Donald Trump take action, with some floating the possibility of sanctions against the country . Saudi Arabia has already gone on the defensive against such acts, threatening to hike its oil prices in response. The country produces about 10.5 million barrels of oil per day, which is more than 10 percent of global crude demand, according to CNBC. So its threat, if put into action, would dramatically increase oil prices . The price of oil surged more than 25 percent in 2018, and has steadily risen from around $67 per barrel since January 2018,
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- JPM's page on the SEC website