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Brent Hits $70 For First Time Since Pandemic Began After Saudi Attack

LONDON (Reuters) – Oil prices climbed above $70 a barrel for the first time since the start of the coronavirus crisis, after the U.S. Senate passed a $1.9 trillion economic stimulus package and a Yemeni group attacked Saudi Arabia’s oil industry.

Benchmark Brent climbed as high as $71.38 a barrel in early Asian trade, its highest since Jan. 8, 2020. By 1110 GMT, it was trading up 12 cents or 0.2% at $69.48, still hovering around its highest level in more than a year.

U.S. West Texas Intermediate (WTI) crude was up 14 cents or 0.2% at $66.23 after touching $67.98 a barrel, its highest since October 2018. Read more…..

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“Try and fail, but don’t fail to try,” emphasized Vinod Khosla (MBA ’80) during the Roanak Desai Memorial View From The Top talk on May 1, 2015. Khosla, the founder of Sun Microsystems and Khosla Ventures, also discussed the importance of having a belief system and the “indulgence” of brutal honesty.

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