Oil prices rise as storms and air strikes threaten supply
Prices climbed as traders weighed a Gulf of Mexico storm that could hit six refineries and Houthi attacks on Saudi airports.
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Oil prices rise as storms and air strikes threaten supply, Money News
PERTH — Oil prices rose on Wednesday (Oct 7) as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures rose 93 cents, or 0.92 per cent, to US$101.51 (S$129) a barrel by 12.22am GMT (8.22am SGT). US West Texas...
Channel News Asia
Oil prices rise as storms and air strikes threaten supply
PERTH, Oct 7 : Oil prices rose on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude. Brent futures rose 93 cents, or 0.92 per cent, to $101.51 a barrel
Brent crude futures rose 93 cents, or 0.92%, to $101.51 a barrel at 00:22 GMT.
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