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Investor Alert

Sept. 16, 2019, 3:55 a.m. EDT

Oil producers surge as airlines slump; Europe stock indexes fall

Oil explorers and producers including Tullow Oil (LON:UK:TLW) and BP (LON:UK:BP) surged in early action while airlines including Ryanair (DUB:IE:RY4C) and Air France-KLM slumped in wake of the attack that took half of Saudi output offline, sending oil prices higher. Brent crude oil (IFEU:UK:BRN00) was trading at $65.27 a barrel, up over $5, as the Stoxx Europe 600 (STOXX:XX:SXXP) dropped 0.6%.

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U.S. oil just saw its biggest price surge since the financial crisis; Brent logs sharpest gain on record

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