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Botched Attack On Saudis Causes Oil Price Decline, But Vaccine Effects Lend Support

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

Oil slides, reversing early gains that pushed prices to highest level in more than a year

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