Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns

BEIJING: Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on ​efforts to ease shipping risks in the Gulf. Brent crude futures rose $1.37, or 1.3 percent, to $107.05 ‌a barrel at 07:06 a.m. Saudi time, while US West Texas Intermediate futures were up $1.53, or 1.51 percent, at $102.92 a barrel. Both benchmarks rose more than 1 percent in the previous sessi

This story was originally reported by Arab News. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.