LONDON : Oil prices slipped on Monday after earlier climbing above $70 a barrel for the first time since the COVID-19 pandemic began after attacks on Saudi Arabian oil facilities.Yemen's Houthi forces fired drones and missiles at the heart of the Saudi oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports.
Riyadh said there were no casualties or loss of property.Benchmark Brent climbed as high as $71.38 a barrel in early Asian trade, its highest since Jan.
8, 2020. By 1019 GMT, it was trading down 30 cents or 0.4% at $69.06.US West Texas Intermediate (WTI) crude was down 22 cents or 0.3% at $65.87 after touching $67.98 a barrel, its highest since October 2018.Brent and WTI prices have climbed for.