Oil prices skyrocket 20% after attacks on Saudi plants disrupt global supply ...News

Russia Today - Economy
Oil prices skyrocket 20% after attacks on Saudi plants disrupt global supply
source : Russia Today ( News ) () 34
Crude prices soared as trading opened on Monday after this weekend’s drone attack on key Saudi Arabian oil facilities slashed the kingdom’s output by half, or more than five percent of global daily production. Brent crude futures jumped by as much as 19 percent to $71.95 per barrel, making the biggest intra-day gain in nearly 30 years. Meanwhile, US West Texas Intermediate (WTI) soared more than 15 percent, reaching $63.34 a barrel. Also on rt.com Massive heart attack for oil market? Drone raid on Saudi facilities may push oil to $100 The gains were pare

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