Houthis Say They Hit Saudi Arabia's Red Sea Oil Lifeline. Oil Fell Anyway. Here's Why - Energy News Beat
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At 09:59 GMT, the futures of Brent LCOc1 were down US$1,9, or 1.63%, to US$114,82 , and those of WTI CLc1 were down US$2,08, or 2%, to US$101,19
Houthis claim attacks on Saudi oil facilities, raising global supply concerns
By Diden Abigail Owuntarose Yemen’s Houthi group on Monday claimed responsibility for attacks on Saudi Arabia’s East-West crude oil pipeline pumping stations and King Khalid International Airport in Riyadh, raising fresh concerns over global energy supplies amid escalating tensions in the Middle East. The Iran-aligned group announced the attacks on October 26, although Saudi authorities had not immediately confirmed whether the reported target…
Houthis Say They Hit Saudi Arabia's Red Sea Oil Lifeline. Oil Fell Anyway. Here's Why - Energy News Beat
Saudi Arabia hasn't confirmed the East-West pipeline attack, and Brent slipped about 1.5% as hopes rose for talks in Tehran. What it means at the pump and in your portfolio.By Energy News BeatFutures as of about 7:05 a.m. CT Monday, Oct. 26 (Yahoo Finance; OilPrice.com); attack status as of 7:15 a.m. CT.If you've been bracing for another jump at the pump, here's a little relief, for now. On Friday we reported that Brent topped $114 as Houthi att…
The price of Brent oil, of reference in Europe, fell by more than 1.5% before the opening of the European Stock Exchanges, to slightly [...]
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