U.S. Markets closed

Trump Tweets to list $2T Saudi Aramco IPO on NYSE

Crude oil is at a two-year high, popping over $56 a barrel this morning after Crown Prince Mohammed of Saudi Arabia ordered dozens of high ranking officials arrested, including 11 princes over the weekend. Yahoo Finance's Jared Blikre explains what implications this has for oil prices, and for the Saudi’s plans for a $2 trillion IPO of its state oil company, Aramco.