Botched Attack On Saudis Causes Oil Price Decline, But Vaccine Effects Lend Support
by Ship & Bunker News Team
Monday March 8, 2021 Meanwhile, Total predicts oil will fall to $50-$60 per barrel: File Image/PixaBay After four consecutive sessions of gains, crude prices on Monday declined when it was learned that weekend attacks on oil facilities in Saudi Arabia–which triggered a session peak above $70 per barrel–did not cause any damage. Brent climbed as high as
$71.38 per barrel after
Yemen s Houthi forces fired drones and missiles at the heart of the Saudi oil industry on Sunday, including a
Saudi Aramco facility at