Brent crude prices shot up late Sunday following Saturday's attack on Saudi Arabian oil facilities. November Brent crude was last up more than $7 a barrel,...
Brent crude prices shot up late Sunday following Saturday's attack on Saudi Arabian oil facilities. November Brent crude BRNX19, +12.99% was last up more than $7 a barrel, or 12%, to $67.41, after initially spiking as much as 18%. The attacks shut down about half of Saudi oil production, and while the kingdom said that it expects to have aboutone-third of that back online by Monday, experts said it could take weeks to get back to full capacity.
See Full Story Crude prices soar, U.S. stock futures slip after attacks on Saudi oil facilities Crude oil prices surged more than 10% late Sunday and U.S. stock futures retreated following weekend attacks against Saudi Arabian oil facilities.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US crude oil jumps 11% after drone strikes disrupt Saudi crude productionDrone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.
Read more »
Crude prices soar, U.S. stock futures slip after attacks on Saudi oil facilitiesCrude oil prices surged more than 10% late Sunday and U.S. stock futures retreated following weekend attacks against Saudi Arabian oil facilities.
Read more »
Crude Prices Soar After Saudi Oil Disruption, Threatening Global GrowthOil prices soar after Saudi attack; U.S. crude futures up 12%, global benchmark rises 18%
Read more »
S&P Global Platts sees Saudi oil strikes driving up risk premium in crude marketAttacks on Saudi oil plants have boosted concerns about supply security in the M...
Read more »
Saudi stock market dives, crude futures to jump after drone attack on oil plantsSaturday's attack is the biggest on oil infrastructure anywhere since Saddam Hussein's invasion of Kuwait in 1990.
Read more »
Why the Saudi oil attack is a ‘big deal’ that could be a ‘game changer’ in stock markets and crude pricesAn intensifying Middle East conflict is threatening to throw the world’s energy market into disarray after a weekend drone attack destroyed parts of Saudi Aramco’s Abqaiq plant — one of the world’s largest processors of oil.
Read more »