Oil prices edged higher after an attack on the headquarters of Saudi Arabia’s state-owned oil company, while Iranian officials told Reuters they were deploying new tactics to target ships, seeking to keep oil prices high and influence the US midterm elections, Reuters reports.
Brent crude futures were up 14 cents to $105.83 a barrel at 0938 GMT. US West Texas Intermediate crude was up 57 cents to $94.71. Both contracts had climbed more than $1 in early trade, with WTI hitting a more than two-week high at $95.41 a barrel.
