Oil climbs after Yemeni Houthis attack Saudi Aramco sites
Strikes in Riyadh and the Khurais area raise concerns about production at the region’s top exporter
Oil prices surged on Monday (Oct 5) following Yemen's Iran-backed Houthis' attack on Saudi Aramco facilities in Riyadh and the Khurais area. The strikes prompted worries about the output at the region's leading oil exporter. Brent crude futures surged by US$0.81 cents, or 0.8%, reaching US$103.06 per barrel at 10.02 pm GMT. US West Texas Intermediate crude also climbed by US$0.46, or 0.5%, to US$91.57 per barrel.
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