Oil prices rise after attack on Saudi Arabian refinery reignites supply concerns
BEIJING: Oil prices rose on Wednesday after an attack on a refinery in Saudi Arabia , the world’s biggest crude exporter, renewed concerns around the risks to supply in the Middle East stemming from the conflict with Iran and its proxies. Brent crude future...
SINGAPORE: Oil prices climbed more than 1% on Wednesday after an attack on a refinery in Saudi Arabia renewed concerns around supply risks from the major exporter. Brent crude futures gained $1.59, or 1.4%, to $115.47 a barrel as of 0435 GMT. US West Texas Intermediate crude rose $1.43 or 1.4% to $101.33. Yemen’s Houthis said on Tuesday they had hit Saudi Arabia’s biggest oil refinery with a missile , intensifying t...