Houthi strikes threaten Saudi oil output as Brent hits $108
Houthi strikes on Saudi oil infrastructure threaten production as Brent crude reaches $108 per barrel and the Brent-WTI spread widens to $5. Asian LNG prices also soared to their highest since December 2022 due to repeated attacks on tankers in the Middle East.
Original · OilPrice.com AI summary of public reporting
Why: Houthi strikes threaten Saudi supply → Brent surges
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At publication → CurrentBRENTOIL104.90 → 104.97+0.1%
NATGAS3.286 → 3.297+0.3%