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Oil prices rise after attack on Saudi oil facilities

Oil prices rise after attack on Saudi oil facilities Oil prices rose after an attack on Saudi Arabia’s oil facilities….

By Jack , in Latest Politics World , at March 8, 2021

Oil prices rise after attack on Saudi oil facilities

Oil prices rose after an attack on Saudi Arabia’s oil facilities.

According to Arab media, the price of oil has risen sharply since the attack on Saudi Arabia’s oil facilities, and Brent crude has traded above قیمت 70 a barrel in future deals since the outbreak of the corona virus. Is the largest increase ever.

According to media reports, the price of Brent crude in Asian markets reached 71 71.38 per barrel in May, the highest since January 8, 2020.

In addition, the price of US crude oil has risen the most in two years since the attack on Saudi oil facilities.

According to media reports, the price of West Texas Intermediate crude oil has risen by جس 1.60 for April, after which the price of West Texas Intermediate crude oil has reached 67 67.98 per barrel, which is the highest price since October 2018. Is.

The Houthi rebels are believed to have targeted other oil installations, including the world’s largest oil terminal, Saudi Armco, with drones and missiles on Sunday, which were immediately foiled.

Saudi Arabia’s targeted oil facilities have the potential to export 6.5 million barrels of oil, which is 7% of oil demand.

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