These are the stocks posting the largest moves before the bell.
The sharp move higher comes after a series of drone strikes on Saturday knocked out about half of Saudi Arabia's daily crude production. This "is the largest supply shock ever. The world is dependent on strategic reserves right now," writes one commodities strategist.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exxon Mobil, BP and other oil stocks are surging after strikes on Saudi oil fields wiped out half of the Kingdom's oil outputExxon Mobil was up 3.6% in US premarket trading.
Read more »
Nearly 50,000 GM workers strike: Live updatesThe United Auto Workers union went on strike against General Motors late Sunday. It's the biggest strike by any labor organization in the United States since 2007. GM, America's largest automaker, has 46,000 UAW members on its payroll.
Read more »
Overshadowed by U.S. corruption probe, UAW, GM near contract deadlineOvershadowed by a mushrooming U.S. federal corruption probe into top union offic...
Read more »
Auto workers union says it will strike against GM at midnightThe nation's first auto strike in 12 years could be hours away after UAW union says members at GM will walk out if the automaker doesn't meet demands
Read more »
UAW says its 49K members at GM plants will go on strikeThe United Auto Workers union announced that its roughly 49,000 members at General Motors plants in the U.S. will go on strike Sunday night because contract negotiations with the automaker had broken down. The decision came after about 200 plant-level union leaders voted unanimously in favor of a walkout
Read more »