Oil prices climb amid Saudi pipeline outage and fresh attacks

Global oil prices have risen following a pipeline outage in Saudi Arabia and concerns over fresh attacks affecting supply.

Oil prices climb amid Saudi pipeline outage and fresh attacks

Crude oil prices saw an uptick as supply concerns intensified due to a pipeline outage in Saudi Arabia and reports of fresh attacks. Brent crude futures increased by $1.24, or 1.18%, reaching $106.93 per barrel at 0026 GMT, following a previous 1% gain. Similarly, US West Texas Intermediate (WTI) futures rose by $1.29, or 1.24%, to $102.65 per barrel, building on a 1.3% increase from the prior session.

#oil#Saudi Arabia#economy#Brent crude#WTI