Daily Market Updates: Oil rises on reports of Saudi Aramco infrastructure hit near Yemen border

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Oil rises on reports of Saudi Aramco infrastructure hit near Yemen border

West Texas Intermediate for October climbed 0.8% to $92.17 a barrel, after briefly touching $93, while Brent for November rose more than 1% to $97.36.

Reported · Written up by our desk · Energy

Oil prices climbed in volatile trading Monday after reports that Houthi rebels hit Saudi Aramco infrastructure near the Saudi Arabia border close to Yemen, according to MarketWatch.

Brent crude’s November contract rose over 1% to $97.36, after reaching $97.93 earlier in the session.

West Texas Intermediate for October delivery advanced 0.8% to $92.17 a barrel, after briefly touching $93.

Latest closeWTI crude $90.70 ▲0.5%|Brent $95.32 ▲0.7%

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MarketWatchOil prices climb after reports of Saudi Aramco refinery being hit by Houthi rebels

Commodities

Oil rises on reports of Saudi Aramco infrastructure hit near Yemen border

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