The market is in chaos.
The market has fallen as much as 9.8% since it opened on September 9, and analysts and investors are struggling to understand what exactly is going on.
The markets main focus right now is a sudden spike in the price of the Middle Eastern stock market.
The price of Saudi Aramco, the world’s largest oil company, hit $1,100 per barrel earlier today.
That is a massive jump.
The Saudi government and the Saudi oil company are still waiting to hear back from analysts who were speculating that the spike was caused by a virus.
The world is in turmoil right now, and that’s a big part of the reason why the market is on the edge.
But what exactly caused this spike in oil prices?
That’s where it gets a little murky.
Saudi Arabia is a member of OPEC, the group of nations that control the global oil market.
OPEC is a group of countries that produce oil and gas, so it’s not exactly a huge surprise that Saudi Arabia has suddenly skyrocketed in the stock market, which is one of the most volatile markets on the planet.
Oil prices in the region have risen as high as $140 a barrel in the past few days.
However, analysts and financial experts say the Saudi rally is far from caused by an actual virus, and the price spike could just be an outlier.
Many of the major oil and energy companies have reported major price drops in recent days.
The stock market is also experiencing massive volatility in some parts of the world, like in the US, as well as China.
Saudi Aramaco is a publicly traded company that provides services to Saudi Arabia.
The company has been trading at an all-time high since the day it was launched, and its stock has surged over 30% this year.
But the Saudi government is not letting it all go, and is making it very difficult for Saudi Aramcos stock to trade.
The government has banned all oil and other imports from the kingdom, as the price has skyrocketed, and has cut oil exports to China.
That has meant a spike in demand for Saudi oil in the Chinese market, where it’s often used to make steel.
So it seems like the government has taken the long view, and there is not a lot of room for the stock to rise much higher.
Many investors have been calling for the government to allow oil to continue to be sold in China.
And Saudi Arabia hasn’t really given any indication that they want to be a part of that.
So the government is essentially telling everyone, “We’re going to be very tight-lipped.”
“We can’t discuss the details of the situation at this time,” a Saudi government spokesperson told CNBC.
“It’s a very complex situation.
We don’t want to put anyone off, because we know that the Saudi people are behind this.
We have to do our best to provide them with stability, and we won’t hesitate to do so if they’re not providing us with the goods they need.”
The Saudi stock market rally is just one of many that has happened this week in the market.
On Monday, the market was down by 10% in the Philippines.
On Tuesday, the Shanghai Composite dropped by 6%.
And on Wednesday, the Nasdaq fell by 10%.
The markets have been on a tear this week, with markets going up by 10%, up by 17%, and up by 15% in some cases.
On Thursday, the Dow Jones fell by 20%.
And over the weekend, the Nikkei 225 lost by 6.6%.
But that is not all.
On Friday, the S&P 500 fell by 6%, the Nasblext index lost 3%, and the Dow in the U.S. lost by 8%.
The Chinese stock market was also on fire on Friday, with Shanghai Composite down by 14% and Shanghai Composite in the United States by 15%.
China is the world leader in the oil and oil products industry, but its stock market isn’t exactly booming either.
China’s economy is one that is booming, and in many ways it is still.
China is also the world center for tech, and it is a major contributor to the global economy.
So if the stock markets are still going strong, then maybe it is just a matter of time before China is able to put all the pieces together and pull this whole thing back together.
“The Saudis have basically told everyone that they are not going to have anything to do with this stock market collapse and that is a big concern for the Chinese government,” says Michael Mandel, managing director of market intelligence firm Mandel Strategy.
“But if the Saudis were to say, ‘We’re not going out of our way to be involved in this market crash,’ it would be a big loss for the entire Chinese economy.”
The Middle East is one area where the markets have become incredibly