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via finance.yahoo.comMarkets

Oil falls from six-month highs; Saudi attacks keep supply risks in focus

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Oil prices fell in Asian trading on Monday, retreating from near six-month highs reached late last week, although continued Houthi attacks on Saudi Arabia kept concerns about potential disruptions to Middle East energy supplies in focus. Still guessing which…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishCrude remains near six-month highs as supply risk from Middle East attacks keeps prices elevated.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent futures expiring in December fell 1.1% to $115.40 a barrel.
  2. 02U.S. West Texas Intermediate futures dropped 1.4% to $101.88 a barrel.
  3. 03Both benchmarks had climbed nearly $3 on Friday after Houthi attacks on Saudi Arabia.
  4. 04Brent settled at $116.72 on Friday, its highest close since April 29.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity114.35 USD-0.43%today -2.03%Negative Crude Oil WTICOMMODITY:WTICommodity100.90 USD-0.42%today -2.29%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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