Louisiana Light • 3 days | 73.63 | -1.24 | -1.66% | |||
Bonny Light • 2 days | 75.43 | -0.25 | -0.33% | |||
Opec Basket • 3 days | 76.55 | +1.08 | +1.43% | |||
Mars US • 24 hours | 70.42 | -1.17 | -1.63% | |||
Gasoline • 1 day | 2.593 | -0.020 | -0.75% |
Bonny Light • 2 days | 75.43 | -0.25 | -0.33% | |||
Girassol • 2 days | 78.21 | +0.01 | +0.01% | |||
Opec Basket • 3 days | 76.55 | +1.08 | +1.43% |
Peace Sour • 2 days | 65.54 | -1.24 | -1.86% | |||
Light Sour Blend • 2 days | 66.84 | -1.24 | -1.82% | |||
Syncrude Sweet Premium • 2 days | 75.79 | -1.24 | -1.61% | |||
Central Alberta • 2 days | 65.14 | -1.24 | -1.87% |
Eagle Ford • 3 days | 67.77 | -1.24 | -1.80% | |||
Oklahoma Sweet • 3 days | 67.75 | -1.25 | -1.81% | |||
Kansas Common • 5 days | 62.00 | +0.00 | +0.00% | |||
Buena Vista • 9 days | 76.40 | +1.64 | +2.19% |
After rallying on news that…
India’s fuel sales surged to…
In an attempt to attract investment and support for his plan to upgrade and improve the cyber defences of the US, Defense Secretary Leon Panetta addressed business leaders in New York, counting them a tale about the latest cyber-attack on Saudi Aramco.
He described the infiltration of Shamoon virus, past Saudi Aramco’s high tech security systems and firewalls, and into its computers.
Panetta claimed that the virus was the most sophisticated attack ever seen in the business sector, and that on the same day it also struck Rasgas, Qatar’s natural gas firm.
Related Article: The Devastating Effects of a Cyber-Attack Against a Country's Energy Grid
He explained that the virus contains a program which is called a ‘wiper’, which is coded to automatically replace crucial system files with images of a burning US flag, and overwrite all real data and files with nonsense data.
“More than 30,000 computers that it infected (at ARAMCO) were rendered useless, and had to be replaced,” he told the startled executives, “imagine the impact an attack like this would have on your company.”
A strong case, but will the business leaders take note?
By. Charles Kennedy of Oilprice.com
U.S. Gasoline Prices Are Set For A Significant Decline
Iran Seizes Third Oil Tanker As U.S. Boosts Military Presence
OPEC’s Smallest Producer Sees Crude Oil Exports Drop To Zero
Oil Markets Shocked By Across the Board Inventory Builds
Finland’s Electricity Prices Fall Below Zero
ADVERTISEMENT
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com
Its about time the West esp. the US and Israel got of their high horses of 'exceptionality' and realised that Asia (Russia, China and Iran) are just as capable of developing cyber nasties as the West is. The playing field is levelling. The West should take note and adjust its attitude accordingly.
Whats sad is imagine going around your town and starting fires to get more money for the Fire Dept well thats our Government in action.