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After an attack on an Aramco oil plant, oil prices have risen and begun to recover

Published On 26 Mar 2022 07:16 AM


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Oil prices increased on Friday, recovering from early losses, as traders hurried to purchase following a missile strike on Saudi Arabia's state-run oil corporation Aramco's storage facility.

Brent crude increased $1.20, or 0.7%, to $119.92 per barrel, while West Texas Intermediate (WTI) crude jumped $1.04, or 0.9%, to $113.34. Both had fallen by more than $3 earlier.

Both indices were on track for their first weekly....


Tags : Saudi Arabia, Aramco Oil plant, Oil Prices,
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