Tuesday 14 May 2019

Oil prices jump on drone attack on #Saudi Aramco facilities - Reuters

Oil prices jump on drone attack on Saudi Aramco facilities - Reuters:

Oil prices rose nearly 2% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco.

Brent futures were up $1.13, or 1.6%, at $71.36 a barrel by 11:26 a.m. EDT (1526 GMT), while U.S. West Texas Intermediate crude was up 85 cents, or 1.4%, at $61.89 per barrel.

No comments:

Post a Comment