SINGAPORE (Reuters) – Crude oil costs rose on Monday following a weekend assault on a Saudi oil facility by Yemeni separatists, though value features had been capped by an unusually downbeat OPEC report that stoked issues about demand development.
FILE PHOTO: A pump jack operates within the Permian Basin oil and pure fuel manufacturing space close to Odessa, Texas, U.S., February 10, 2019. Image taken February 10, 2019. REUTERS/Nick Oxford
Brent crude LCOc1 was up 45 cents, or 0.8%, at $59.09 a barrel at 0035 GMT,
U.S. crude CLc1 was up 39 cents, or 0.7%, at $55.26 a barrel.
Costs rose after the drone assault by Yemen’s Houthi group on an oilfield…