Oil prices have risen after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West Pipeline offline, raising fears that damage to energy infrastructure and transport routes could take longer to repair, Reuters reports.
Brent crude futures were 21 cents, or 0.2 per cent, higher at $105.89 a barrel by 1148 GMT (4:48pm PKT) after hitting a session high of $108.43, while US West Texas Intermediate futures were up 90 cents, or 0.89pc, at $102.29 a barrel after rising as far as $104.21 earlier in the session.
