Oil prices soar after attacks on Saudi facilities
These are external links and will open in a new window/ Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq Oil prices hit their highest in four months after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply. At the start of trading, Brent crude jumped 19% to $71.95 a barrel, while the other major benchmark, West Texas Intermediate, rose 15% to $63.34. Prices eased back slightly after US President Donald Trump authorised the release of US reserves. It could take weeks ...
Click
To Read Full Article