Chart: How the Saudi drone attack affected oil prices

The September 14 drone attack on Saudi Aramco’s oil processing facilities in Abqaiq and Khurais in Saudi Arabia invoked a knee jerk reaction. Oil prices rose over 20 percent, the highest since Iraq’s 1991 invasion of Kuwait. They’ve since cooled off to about $65 a barrel as Saudi Arabia indicated supply disruption would be limited to a month. India’ crude oil cost is expected to remain at last year’s average of $69.88 a barrel.