Monica Ricks

The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three-month supply freeze.

They'd added monthly increments of 137,000 barrels a day in the fourth quarter, but these attacks could now escalate production increases.

Physical disruptions are also a big concern.

Oil prices climbed with Brent crude as high as $73 a barrel Friday, but oil markets could be shaken up a bit come Monday.

Monica Ricks, Bloomberg Radio.

The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three-month supply freeze.

They'd added monthly increments of 137,000 barrels a day in the fourth quarter, but these attacks could now escalate production increases.

Physical disruptions are also a big concern, but for now, the Strait of Hormuz remains open.

That's a critical shipping lane for much of the world's crude supply.

Oil prices climbed with Brent crude as high as $73 a barrel Friday, but oil markets could be shaken up a bit come Monday.

Monica Ricks, Bloomberg Radio.

The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three-month supply freeze.

They'd added monthly increments of 137,000 barrels a day in the fourth quarter.

but these attacks could now escalate production increases.

Physical disruptions are also a big concern, but for now, the Strait of Hormuz remains open.

That's a critical shipping lane for much of the world's crude supply.

Oil prices climbed with Brent crude as high as $73 a barrel Friday, but oil markets could be shaken up a bit come Monday.

Monica Ricks, Bloomberg Radio.

The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three-month supply freeze.

They'd added monthly increments of 137,000 barrels a day in the fourth quarter.