Brent tops $120/b once more as Saudi storage goes bang

28.03.2022

Oil prices rose on Friday, rebounding from early losses as traders rushed to buy after a missile attack hit Saudi Arabia's state-run oil company Aramco's storage facility.

Brent crude rose $1.01, or 01.2%, to $120.23 a barrel at 11:50 a.m. ET (16:50 GMT) and U.S. West Texas Intermediate (WTI) crude was...