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Aramco

Aramco latest

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply
February 9th, 2020 - 05:57 GMT

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply

Oil prices continued to fall for a fifth week in a row and reached their lowest level in a year. Brent crude dropped to $54.47 per barrel while WTI retreated to $50.32. The global oil market now finds itself trapped between two viruses. The deadly coronavirus outbreak in China has hurt short-term oil market demand and at the same time cyber-attack attempts on Saudi Aramco have also increased. One threatens ...
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