The Commodities Feed: Attacks on Saudi Arabia fan oil supply worries

🇸🇦 Hellenic Shipping News (SA) —

AI Summary

Brent crude rose above $110 per barrel amid deadly attacks on Saudi Arabia, including drone strikes on the Shaybah oilfield and Dammam International Airport. The attacks heightened concerns about oil supply, while Kuwait was reported to be pumping more than 2 million barrels per day.

Energy – Kuwait pumping more than 2m b/d Oil prices remain well bid, with ICE Brent back above $110/bbl this morning following additional deadly attacks on Saudi Arabia. Drones struck the Shaybah oilfield and Dammam’s international airport. An oil processing plant was the target of the attack. Saudi Arabia’s energy ministry said production hasn’t been ...

Security Conflict Markets Travel Commodities Energy Saudi Arabia drone attacks Shaybah oilfield Dammam airport Brent crude oil supply Kuwait production

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