WeChat QR Code

Home>News Center

Oil prices soar after attacks on Saudi facilities

2019-09-16 08:56:53       source:BBC

September 16, 2019 


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.


Read more: 

https://www.bbc.com/news/business-49710820