UP

Saudi stocks plunge after weekend attack on oil plants

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Saudi stocks .TASI opened 2.3% lower on Sunday, reacting to news of attack on two plants at the heart of the kingdom’s oil industry on Saturday, knocking out more than half Saudi output.

Axar.az reports citing foreign media.

Other Gulf markets also reacted negatively to the attack with Kuwait’s premier index .BKP down 1.1% and Dubai stocks .DFMGI falling 0.8%.

Saudi Basic Industries (2010.SE), the kingdom’s biggest petrochemicals firm, plunged 3.5% after it said it had curtailed feedback supplies by about 49%, following the attack.

The drone attacks were claimed by Yemen’s Houthi group, the group’s military spokesman said on Al Masirah TV.

Date
2019.09.15 / 12:28
Author
Axar.az
Comments
See also

The price of oil today

Oil became cheaper

Decision on discount rate from FED

Oil became more expensive

Oil continues to rise in price

Oil started the week with this price

Oil ended the week at this price

Oil exceeded 85 dollars

Azerbaijan currency rates

Oil rose again

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla