World oil prices to see further spikes on fallout from Saudi drone attacks

Chinese oil and gas shares soared significantly on Monday, as prices soared in the wake of drone attacks on the world's biggest oil processing facility and an oilfield in Saudi Arabia.

Shares of energy equipment companies and oil and gas firms traded in Shanghai and Shenzhen jumped 3.96 and 2.96 percent respectively on Monday, according to Shanghai-based information provider Wind Info.

Brent Crude on Monday opened at $67.8 per barrel on the oil futures market, an over 10 percent surge from Sunday's close of $60.22. And crude prices once jumped nearly 20 percent during the trading day.