Oil prices have risen by two per cent to near two-week highs as attacks on Saudi Arabia overshadow the prospect of increased supplies after US President Donald Trump hails fresh Russian diesel exports and a Russia-Ukraine ceasefire on energy targets, Reuters reports.
Rebounding from earlier losses, Brent crude futures were up $2.04, or 2pc, to $106.76 a barrel at 1507 GMT (8:07pm PKT), their highest since September 29. US West Texas Intermediate crude was at $93.69 a barrel, up $1.84, or 2pc.
