Oil jumps as Saudi king's death feeds market uncertainty
Oil prices jumped on Friday as news of the death of Saudi Arabia`s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades.
Jan 23, 2015, 14:42 PM ISTOil surges after Saudi King's death
Oil prices surged today following the death of Saudi Arabia's King Abdullah, with investors watching to see if the country will change its policy of maintaining high production in the face of plunging prices and a global supply glut.
Jan 23, 2015, 10:32 AM IST