Brent crude oil hovered at about 8% higher on Monday morning, heading for the sharpest rise in almost three years.
Crude oil surged more than 20% on Monday after markets reopened following the targeted drone strikes on Saudi Arabian oil facilities. "This is a big escalation in terms of the scale and reach of these attacks so raises prospect of ongoing disruption and raises the geopolitical danger." View Markets Insider's homepage for more stories.
Crude oil surged more than 20% on Monday after markets reopened following the targeted drone strikes on Saudi Arabian oil facilities. "This is a big escalation in terms of the scale and reach of these attacks so raises prospect of ongoing disruption and raises the geopolitical danger." View Markets Insider's homepage for more stories.
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