JUST IN: Oil market react as drones attack Saudi Arabian  facility

By Eyo Nsima

The international oil market has reacted to the latest drone attack on Saudi Arabian oil facilities.

The prices which had hovered at an average of $64.20 per barrel before the attack has risen to $64.70 per barrel.

According to the Organisation of Exporting Countries, OPEC, “Saudi Arabia possesses around 17 per cent of the world’s proven petroleum reserves.”