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Home›US Markets›Indices›Oil nears $100 after reports of attacks on Saudi Arabia

Oil nears $100 after reports of attacks on Saudi Arabia

Brent crude rose as reports of Houthi attacks on Saudi Arabia prompted traders to reassess oil supply risk.

Reported · Written up by our desk · Indices

Oil prices climbed toward $100 after reports circulated of Houthi attacks on Saudi Arabia, according to WSJ Markets.

The move supported a higher crude backdrop while stock futures took a softer tone.

WTI and Brent were reacting to the perceived impact on Middle East supply risk, a key driver for energy-linked moves in broader markets.

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

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Sources

WSJ MarketsStock Market Today: Oil Nears $100, Stock Futures Sink

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