Reports of huge fire at Aramco oil facility in Saudi Arabia

3 yıl önce

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019.

Maxim Shemetov | Reuters

A huge plume of smoke could be seen above an oil facility in the Saudi Arabian city of Jeddah on Friday, according to multiple media reports, shortly after Yemen's Houthi group said they would be issuing a statement on a military operation.

A Reuters source said that a Saudi Aramco facility had been hit in an attack, while the Associated Press cited videos of a raging fire at the oil depot.

Brent crude rose $1.20, or 0.7%, to $119.92 a barrel just after the news, while U.S. West Texas Intermediate crude was up $1.04 , or 0.9%, to $113.34. Both had traded in negative territory earlier in the session.

On Sunday, Saudi authorities confirmed another attack on Aramco facilities, withÂ Houthi rebels using missiles and drones to target at least six sitesÂ across Saudi Arabia, including an Aramco fuel depot and a liquefied natural gas plant.

"There were no injuries or fatalities, and no impact on the company's supplies to customers," Aramco CEO Amin NasserÂ said on an earnings call on Sunday.

Aramco suffered aÂ major attack on its facilities back in 2019.

This is a breaking news story, please check back later for more.

UPDATE 5-Oil rebounds after reports of fire at Aramco oil facility

(Updates prices, changes byline, dateline, previous LONDON)

By Arathy Somasekhar

HOUSTON, March 25 (Reuters) - Oil prices turned positive on Friday after

reports of a missile strike and a fire at Saudi Arabia's state-run oil company

Aramco's facility.

Both benchmarks were heading for their first weekly gains in three weeks.

Reuters could not independently verify media reports that said the fire was

at an oil depot in the Saudi Arabian Red Sea city of Jeddah.

A huge plume of black smoke was seen rising in Jeddah where oil giant Aramco