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  • 1 week ago
Oil prices were mixed on Monday after attacks by Yemen's Iran-aligned Houthis on a Yemeni military training camp and renewed attacks on Saudi energy, airport and military facilities.
Transcript
00:00Oil prices were mixed on Monday after attacks by Yemen's Iran-aligned Houthis on a Yemeni military training camp
00:08and renewed attacks on Saudi energy, airport and military facilities.
00:13Brent crude futures settled 31 cents or 0.3 percent, lower at $109.55 a barrel
00:19after falling more than $3 earlier in the session as investors booked profits following last week's rally to a five
00:27-month high.
00:30USWTI gained $2.25 or 2.2 percent to stand at $103.66 a barrel, the highest settlement since September
00:4015th.
00:41However, the benchmark's trade was relatively thin ahead of the October 20 expiry of the front month contract.
00:48Trading activity was concentrated in the more liquid December contract with more than 195,000 lots changing hands
00:56compared with about 26,000 slots in the expiring November contract.
01:00The December contract settled at $98.54 down by 0.5 percent.
01:06Yemen's Houthis said on Monday they had carried out attacks on Saudi energy airport and military targets
01:12including an Aramco facility in Yanbu and Shaibah oil fields, King Khalid International Airport in Riyadh, and Abha Airport.
01:20Saudi authorities did not immediately confirmed the claims and Reuters could not independently verify them.

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