Oil price surges/great for EV thinkingAttack on Saudi oil--from the WSj tonight (Sunday):
"
Crude prices surged Sunday evening following an attack on Saudi Arabia’s oil infrastructure and an announcement from President Trump that he has authorized the release of oil from the Strategic Petroleum Reserve. U.S. oil futures advanced about 11% to $60.98 a barrel, maintaining gains from just after trading opened at 6 p.m. ET. Brent crude, the global gauge of oil prices, soared 13% to $68.13 a barrel. If those moves held, they would mark some of the biggest intraday for crude in years and put oil at its highest level in months. Both gauges surged about 11% in February 2016 when oil was in the midst of a sharp plunge on fears of excess supply, per a Dow Jones Market Data analysis of figures from FactSet."