Finance

Oil settles lower, shrugs off Saudi attack after climbing above $70/bbl

Brent and WTI pare gains after hitting pandemic highs

Attack: on oil storage tank in Ras Tanura, Saudi Arabia. Above, a general view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia in May 2018Photo: REUTERS/SCANPIX
Attack: on oil storage tank in Ras Tanura, Saudi Arabia. Above, a general view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia in May 2018Photo: REUTERS/SCANPIXFoto: Ahmed Jadallah
  • Reuters
Published 8 March 2021, 22:16Updated 8 March 2021, 22:16
Oil PriceSaudi ArabiaUSARas TanuraOpec+