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Oil rises after drone attack on Saudi field


Monday, 19 August 2019 18:32 WIB

MinyakWTIBrentMinyak MentahOil,Minyak Berjangka


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Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs that U.S.-China trade tensions could ease.

Price gains were, however, capped to some degree by an unusually downbeat OPEC report that stoked concerns about growth in oil demand.

Brent crude, the international benchmark for oil prices, was up 65 cents, or about 1.1%, at $59.29 a barrel at 10:24 GMT,

U.S. West Texas Intermediate (WTI) crude futures were up 61 cents, or 1.1%, at $55.48 a barrel.

A drone attack by Yemen's Houthi group on an oilfield in eastern Saudi Arabia on Saturday caused a fire at a gas plant, adding to Middle East tensions, but state-run Saudi Aramco said oil production was not affected.

Source : Reuters


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