Oil prices surge in Asian trading after attack on Saudi Arabia

Oil prices surge in Asian trading after attack on Saudi Arabia

Oil prices surged on Monday after an attack on Saudi Arabia’s oil infrastructure knocked out half the country’s production over the weekend, while gold climbed and Asia stocks were mixed. International benchmark Brent crude jumped 11 per cent, on track for its largest one-day gain in over three years to $66.76 a barrel, and West Texas Intermediate rocketed 9.7 per cent higher.

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