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Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., reports that Brent oil approached $100 a barrel after attacks halted operations at several energy facilities in the south of Saudi Arabia.
The rise in oil prices follows the disruption to Saudi energy infrastructure.
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Weisenthal has previously reported on investor activity in the energy sector. He noted that $400 million was committed to the planned IPO of Dangote Petroleum Refinery & Petrochemicals FZE. In another report, he covered a 6.2% rise in Scotts Miracle-Gro shares following public support from former President Donald Trump.