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Attack on Saudi facilities, surge in oil prices
Sept. 16, 2019
Source: Reuters

Attack on Saudi facilities, surge in oil prices

The attack on Saudi Arabia's crude facilities has brought down the global oil supply down to more than 5%. The oil prices surged on Monday to four-month highs. WTI climbed by 11% to $61.10 a barrel. Brent crude went up by 13%, to $68.06 a barrel. This attack has made the investors worry more about the geopolitical tension in the region and deteriorating relations of Iran and the USA.

   Read More About : Brent Price Iran Oil Prices US WTI
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