Oil jumps nearly 15% in record trading after attack on Saudi facilities
Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania/ NEW YORK (Reuters) - Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a record trading volumes, after an attack on Saudi Arabian crude facilities cut the kingdom's production in half and intensified concerns of retaliation in the Middle East. Brent crude futures settled at $69.02 a barrel, rising $8.80, or 14.6%, its largest ...
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