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Asian Shares Retreat as Report of Damage to Oil Takers Pushes Oil Prices Higher
- Brent crude rose 2.4% to $111.40 per barrel after a drone attack on Saudi Aramco’s Shaybah oil field increased concerns about supply disruptions.
- The attack killed two people, while separate strikes at a civilian airport in Dammam killed at least one person and injured eight, according to Reuters.
- The United States ordered some personnel and family members to leave its diplomatic missions in Saudi Arabia amid heightened regional tensions.
- Increased Middle Eastern exports could limit further oil price gains.
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21 Articles
21 Articles
Asian shares retreat as report of damage to oil takers pushes oil prices higher
Asian shares and U.S. futures have retreated after oil prices jumped more than 2%. Benchmarks in Seoul and Hong Kong fell more than 3% and Tokyo's Nikkei 225 fell 2.7%. The price of Brent crude oil was hovering near $111…
Geopolitical tensions increase the risk of new price increases for oil and gas
·Marousi, Greece
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Huthi rebels' attacks in Saudi Arabia fueled oil market concerns again. On Thursday, oil prices increased by more than one US dollar per barrel.
·Berlin, Germany
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A barrel (159 litres) of the reference variety Brent from the North Sea cost 111.48 US dollars in the morning (99.23 euros).
·Vienna, Austria
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Total News Sources21
Leaning Left1Leaning Right8Center0Last UpdatedBias Distribution89% Right
Bias Distribution
- 89% of the sources lean Right
89% Right
11%
R 89%
Factuality
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