Crude oil surges 20% on Aramco drone strikes1 min read . Updated: 16 Sep 2019, 09:22 AM IST
- Some oil traders have already begun to speculate if oil prices will cross the $100-mark yet again
- A sudden increase in global prices will affect India’s oil import bill and its trade deficit
Mumbai: Crude oil surged nearly 20% on Monday following drone attack on Saudi Arabia's oil facilities forcing the kingdom to cut its oil output by half.
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