Poket News

Oil prices soar after attacks on Saudi facilities

  • Oil prices hit their highest in four months after two  attacks on Saudi Arabian facilities knocked out more  than 5% of global supply.
  • At the start of trading, Brent crude jumped 19% to $71.95 a barrel, while the other major benchmark, West  Texas Intermediate, rose 15% to $63.34.
  • Prices eased back slightly after US President Donald  Trump authorised the release of US reserves.