GeopoliticalGlobal
U.S. crude oil rises as market assesses disruption from Saudi pipeline closure
Published:
News summary
U.S. oil prices edged higher Friday as investors weighed fresh strikes between Saudi Arabia and Yemen's Iran-backed Houthis against signs that additional Saudi crude could reach global markets and help ease supply concerns. U.S. West Texas Intermediate futures were last up $1.14….
- Importance
- Critical · 97/100
- Impact direction
- Mixed