Houthi Missile Fired at Saudi Arabia Sends U.S. Crude Up $4
JH Kim
Summary
- Reports that Yemen’s Houthi rebels fired a missile at Saudi Arabia led international oil prices to extend their gains.
- According to Walter Bloomberg, U.S. crude prices in the oil futures market rose $4 a barrel.
- Oil prices climbed further after news of the Houthi rebels’ missile attack on Saudi Arabia, while the extent of the damage was not immediately confirmed.
Forecast Trend Report by Period
International oil prices extended their gains after reports that Yemen’s Houthi rebels fired a missile at Saudi Arabia.
Walter Bloomberg reported on September 24 that U.S. crude in the futures market rose $4 a barrel.
Oil prices climbed further after news of the Houthi missile attack on Saudi Arabia.
The specific target of the attack and the extent of the damage were not immediately confirmed.
JH Kim
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