Saudi Arabia reports a massive fire in Jeddah, and Yemen's Houthis claim responsibility for the attack on an Aramco facility.

• Brent crude rose and West Texas Intermediate crude advanced following the news.
• Both had traded in negative territory earlier in the session.
• A Formula One race is due to take place in Jeddah this weekend.

On Friday, a large cloud of smoke was visible from an oil facility in Jeddah, Saudi Arabia, as reported by various media outlets. The Houthi rebels in Yemen claimed responsibility for the attack on a Saudi Aramco site using missiles.

The Associated Press reported videos of a raging fire at an oil depot near the North Jeddah Bulk Plant, which is southeast of the city's international airport. Meanwhile, a Reuters source stated that a Saudi Aramco facility had been hit. A Formula One auto race is scheduled to take place in Jeddah this weekend.

The Houthis, backed by Iran, claimed responsibility for the strike and used drones to attack the Ras Tanura and Rabigh refineries, according to Reuters. However, the additional strikes could not be confirmed.

While both WTI and Brent crude settled higher at the end of the day, WTI finished 1.36% higher at $120.65 per barrel, while Brent added 1.39% to end at $113.90. Both had traded in negative territory earlier in the session.

CNBC could not obtain a comment from a Saudi Aramco spokesperson when they were contacted.

2019 attacks

On Sunday morning, Saudi authorities announced that Houthi rebels had attacked Aramco facilities over the weekend using missiles and drones, targeting at least six sites across the kingdom, including an Aramco fuel depot and a liquefied natural gas plant.

On Sunday, Aramco CEO Amin Nasser stated during an earnings call that there were no injuries, fatalities, or impact on the company's supplies to customers.

Since Riyadh launched its aerial assault on Yemen, the Houthis have carried out thousands of cross-border missile and drone attacks into Saudi Arabia, resulting in the deaths of tens of thousands of Yemenis.

In 2019, a major attack on Aramco's facilities caused a significant reduction in the kingdom's oil production.

The world's largest oil processing facility and crude oil stabilization plant is located in Abqaiq, Saudi Arabia, with a processing capacity of more than 7 million barrels per day. Khurais, the second-largest oil field in the country, has a capacity to pump around 1.5 million bpd.

The attacks on Saudi oil infrastructure in 2019 were the largest since Saddam Hussein's invasion of Kuwait in 1990, when the Iraqi military launched Scud missiles into the kingdom.

— CNBC’s Natasha Turak contributed to this article.