# Brent crude oil spikes the most in history after Saudi attacks

> Brent crude jumped as much as 19.5% at the open after a coordinated attack on Saudi oil facilities knocked out 5.7 million bpd, about half of the kingdom's output. Brent settled up 14.6% at $69.02 and WTI rose 14.8% to $62.90.

- Date: 2019-09-15 · published 2019-09-15T12:00:00.000Z
- Category: geopolitics · region Saudi Arabia · magnitude high
- Page: https://feedsoft.ai/events/57247-brent-crude-oil-spikes-the-most-in-history-after-saudi-attacks
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The largest supply shock on record tightens global crude and fuel markets, raising diesel, freight and fertilizer costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲
- NATGAS: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2019-09-15 | 1 | +7.1% | 4.6 | Brent's record spike after the Saudi attacks removed about 5.7 million bpd of supply, the direct driver of the move. |
| DIESEL | 2019-09-15 | 1 | +5.3% | 4.7 | Saudi attacks on 2019-09-15 knocked out 5.7 million bpd and triggered a record Brent spike at the open, the direct supply shock that lifted ULSD on the move date. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2019-09-16 | [Oil Surges Most in Decades After Attack on Heart of Saudi Oil Industry](https://feedsoft.ai/events/57238-oil-surges-most-in-decades-after-attack-on-heart-of-saudi-oil-industry.md) | +6.6% | -0.3% |
| BRENT | 2019-09-15 | [Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg](https://feedsoft.ai/events/6927-crude-oil-prices-surge-most-ever-after-attack-cuts-saudi-supplies-bloomberg.md) | +6.6% | -0.3% |
| BRENT | 2019-09-16 | [Oil Prices Log Historic Rally After Saudi Attack - WSJ](https://feedsoft.ai/events/5709-oil-prices-log-historic-rally-after-saudi-attack-wsj.md) | +6.6% | -0.3% |
| BRENT | 2018-06-25 | [Take a look at the WTI and Brent crude oil prices after OPEC \| IG South Africa](https://feedsoft.ai/events/64676-take-a-look-at-the-wti-and-brent-crude-oil-prices-after-opec-ig-south-africa.md) | +5.1% | -2.8% |
| BRENT | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -1.2% | +2.1% |
| WTI | 2019-09-16 | [Oil Surges Most in Decades After Attack on Heart of Saudi Oil Industry](https://feedsoft.ai/events/57238-oil-surges-most-in-decades-after-attack-on-heart-of-saudi-oil-industry.md) | +5.8% | -0.1% |
| WTI | 2019-09-15 | [Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg](https://feedsoft.ai/events/6927-crude-oil-prices-surge-most-ever-after-attack-cuts-saudi-supplies-bloomberg.md) | +5.8% | -0.1% |
| WTI | 2019-09-16 | [Oil Prices Log Historic Rally After Saudi Attack - WSJ](https://feedsoft.ai/events/5709-oil-prices-log-historic-rally-after-saudi-attack-wsj.md) | +5.8% | -0.1% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/09/15/us-crude-oil-jumps-15percent-after-drone-strikes-disrupt-saudi-crude-production.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.