Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery

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Oil prices rose Wednesday as Houthi attacks on Saudi Arabia raised concerns about crude supply from the Middle East even as supplies have been recovering. Brent crude futures for December delivery gained 1.17% to $101.76 per barrel, while U.S. WTI futures for November advanced 1.26% to $90.57 per barrel. Saudi Energy Minister Prince Abdulaziz bin Salman reported that oil flow through the East-West Pipeline reached 5.8 million barrels by Tuesday morning. Airports in Jazan and Najran were targeted in attacks amid growing hostilities, fueling fears of further supply disruptions in the region.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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