Oil prices rise sharply on supply risks after Saudi attacks
Spare oil capacity will be low until Saudi is at full strength at end-September; the US is to up sanctions on Iran, which it blames for the attacks
19 September 2019 - 13:05
London — Oil prices rose sharply on Thursday, supported by supply risks brought about by last weekend’s drone attacks on Saudi oil infrastructure and a cut in US interest rates.
Brent crude futures gained $1.44 to $65.04 a barrel by 9.58am GMT, while US West Texas Intermediate (WTI) crude was up 89c at $59 a barrel...
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