Tag: Drone Attack

Oil futures surged in electronic trade on Sunday, with West Texas Intermediate set to jump more than 10% after a weekend drone attack on a major crude…
— Read on www.marketwatch.com/story/us-oils-10-surge-after-saudi-attack-puts-it-on-track-for-the-biggest-daily-gain-in-312-years-2019-09-15

Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.
— Read on www.cnbc.com/2019/09/16/oil-prices-saudi-drone-strikes-wipe-out-5percent-of-global-supply.html

“There is reason to believe that we know the culprit,” Trump said in a post on Twitter.
— Read on www.cnbc.com/2019/09/15/trump-says-us-is-locked-and-loaded-after-attack-on-saudi-oil-supply.html

Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.
— Read on www.cnbc.com/2019/09/16/aramco-saudi-arabia-attacks-on-oil-supply-wipes-out-spare-capacity.html

Drone attacks over the weekend knocked out about half of Saudi Arabia’s daily crude production, causing oil prices to shoot up.
— Read on www.cnbc.com/2019/09/16/oil-stocks-in-asia-pacific-after-drone-attacks-in-saudi-arabia.html

Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal reported Sunday,
— Read on www.cnbc.com/2019/09/15/saudi-arabia-aims-to-restore-one-third-of-lost-oil-output-by-monday-wsj-says.html

Saudis race to restore oil output after Aramco attacks – BNN Bloomberg
— Read on www.bnnbloomberg.ca/saudis-race-to-restore-oil-output-after-aramco-attacks-1.1316370