🇺🇸

Oil Rises 1% Over Fears Of Return Of Saudi Output

Video Credit: Wochit Business
Published on September 23, 2019 - Duration: 00:42s

Oil Rises 1% Over Fears Of Return Of Saudi Output

Reuters reports oil ended about 1% higher after a volatile trading session on Monday.

Traders focused on when Saudi Arabia would be able to restore full output following the Sept.

14 attack on its facilities.

Brent futures gained 49 cents, or 0.8%, to settle at $64.77 a barrel.

U.S. West Texas Intermediate (WTI) crude gained 55 cents, or 1%, to settle at $58.64.

It could take Saudi Arabia months longer than its Aramco oil company anticipated to repair the damage.

Advertisement

Oil Rises 1% Over Fears Of Return Of Saudi Output

Available for all permitted uses under our |License Terms|.

, No release required Available for |Editorial uses|.

|Learn more| , Not released

You are here

Related news from verified sources

An attack on a critical Saudi Arabia oil plant pushed crude prices sharply higher Monday, though its longer-term impact depends on how long production is...
on September 16, 2019 • SeattlePI.com

The loss of 5% of world crude oil output from an attack on Saudi Arabia's largest oil processing plant pushed crude prices sharply higher on Monday. U.S....
on September 16, 2019 • SeattlePI.com

Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially...
on September 17, 2019 • Newsmax

Related videos from verified sources

Saudi Crown Prince Warns of ‘Total Collapse of Global Economy’ if There’s War with Iran 01:02
Video credit: Veuer - Published on September 30, 2019 

Saudi crown prince warns of soaring oil prices 01:19
Video credit: Reuters Studio - Published on September 30, 2019 

Saudi Crown Prince Says He Wished For A Political Solution To Iran 00:32
Video credit: Wochit News - Published on September 30, 2019 

You might like