Crude Oil futures leapt this morning by over 15% in a knee-jerk reaction to the attack on the Saudi Arabia Abqaiq oil facility over the weekend that notionally, took 5% of the world’s supply offline.
Crude Oil Trend Today
Crude Oil Jump After Drone Attack on Oil Plants
Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as the country grappled with weekend drone attacks on the heart of its oil production facilities in Abqaiq and Khurais claimed by Yemen’s Houthi rebels.
MCX Crude Trading Tips – If sustain above ₹4200 level Positional Target 4275—4360—4444
MCX Crude Trading Tips – If sustain above ₹4200 level Positional Target 4275—4360—4444, Below 4190 Correction Expected.