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U.S. crude export demand surges after attack on Saudi facilities

Reuters Monday, 16 September 2019
U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open after attacks on Saudi Arabia's oil facilities took out 5% of global oil supplies.
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News video: Attack On Saudi Oil Supplies Drives Up Prices By 15%

Attack On Saudi Oil Supplies Drives Up Prices By 15% 00:36

Oil prices surged more than 15% to their highest level in nearly four months at the open on Sunday. The jump follows an attack on Saudi Arabia’s oil facilities on Saturday that knocked out more than 5% of global oil supply. Reuters reports Brent crude futures jumped more than 19% to a session high...

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