Global prices for crude oil extended gains to a more than one-year high on Monday, after an alarm message from Saudi Arabia that the world’s largest crude terminal at Ras Tanura had been attacked. Output remained unaffected.
International benchmark Brent was up 2.9 percent to $71 a barrel – the highest since January 2020 – while West Texas Intermediate climbed to $67,59 per barrel, marking a growth of 2.53 percent.
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