Asia Markets: Asian markets mostly fall as crude prices soar [MarketWatch]
GEELY AUTOMBL HL UNSP/ADR (GELYY)
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Source: MarketWatch
Asian markets mostly fall as crude prices soar Asian markets mostly fell in early trading Monday as global crude futures soared following the weekend attack on Saudi Arabian oil facilities. West Texas Intermediate crude for October delivery CLV19, +8.93% , the U.S. benchmark contract, was up 10.4%, or $5.71, at $60.57 a barrel on electronic exchange Globex on Sunday, on track for its largest daily gain since February 2016 . November Brent crude BRNX19, +10.06% jumped $6.97, or 11.6%, to trade at $67.18 a barrel, which would also mark the sharpest daily rise for the international benchmark grade since February 2016. Saturday’s attack on Saudi oil fields knocked out about half that country’s oil production. Saudi officials said Sunday they expect to regain about one-third of that output capacity by Monday, but experts said it may take weeks for production to return to normal levels. Top U.S. officials blamed Iran — which denied responsibility — and President Donald Trump warned th
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