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Wednesday, 08/21/2019 3:44:38 PM

Wednesday, August 21, 2019 3:44:38 PM

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Oil ends higher after drone attack on Saudi production field
MarketWatch
William Watts
,MarketWatch•August 19, 2019

Oil ends higher after drone attack on Saudi production field
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Oil futures ended solidly higher Monday. Crude found initial support after Yemen's Houthi rebels launched a drone attack over the weekend on one of Saudi Arabia's largest oil fields, then built on gains as U.S. stocks continued their rebound from last week's Wednesday rout. The Houthis on Saturday said they targeted the Shaybah oil field, which is owned by Saudi Arabian Oil Co., or Aramco, and holds about 14 billion barrels of oil, according to The Wall Street Journal.