Friday, June 13, 2025
Oil extends recovery as traders reassess virus threat to demand- oil and gas 360

Oil extends recovery as traders reassess virus threat to demand

Houston Chronicle Oil continued its recovery from a three-month low as traders reassessed the threat to demand from China’s coronavirus, and as U.S. industry data showed a drop in crude inventories. Futures traded near $54 a barrel in New York in tandem with improved sentiment across financial markets, which pushed equities slightly higher. While the number of confirmed infections in

Yemen's Houthis say they fired at Aramco, other Saudi targets- oil and gas 360

Yemen’s Houthis say they fired at Aramco, other Saudi targets

Reuters DUBAI – Yemen’s Iran-aligned Houthi movement said on Wednesday it had fired rocket and drone strikes at Saudi targets including Aramco oil facilities, the group’s first claim of such attacks since it offered to halt them four months ago. Few details were given of the precise nature and timing of the attacks, and there was no immediate confirmation from