New York’s West Texas Intermediate (WTI) crude futures ended positive on Friday (March 25) as investors feared another shortage of oil following reports. Saudi oil plant attacked
- WTI crude oil contract for delivery in May It was up $1.56, or 1.4%, at $113.90 a barrel and was up 10.5 percent for the week.
- Brent crude oil contract (BRENT) for delivery in May. It was up $1.62, or 1.4%, at $120.65 a barrel and was up 11.8% for the week.
Yemen’s Houthi rebels said Friday that The group fired a missile that hit the Saudi Aramco company’s depot in the Saudi city of Jeddah. This was the third attack in less than a week.
News of the attack made the oil market even more volatile. which already faces supply risks from the effects of the conflict between Russia and Ukraine
By InfoQuest News Agency (26 Mar 65)
Tags: lifestyle, WTI oil, crude oil, oil prices
