Crude oil price gains on reports of Houthi attacks on Saudi sites
At 9.35 am on Tuesday, December Brent oil futures were at $100.58 up by 0.26%, and November crude oil futures on WTI (West Texas Intermediate) were at $89.61, up by 0.20%
Crude oil prices have risen following reports of Houthi attacks on several Saudi Arabian sites, including King Khalid International Airport, an Aramco refinery, and Abha airport. The attacks, attributed to the Iran-backed Houthis, have led to a decrease in the official selling price for November-loading Arab Light crude into Asia by $3 per barrel.
Brent oil futures increased by 0.26 per cent to $100.58, while WTI crude oil futures rose by 0.20 per cent to $89.61. In the Indian market, October crude oil futures were down by 0.02 per cent at ₹8,667, and November futures dropped by 0.08 per cent to ₹8,564.
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