Oil edges higher as investors weigh renewed Houthi attacks on Saudi infrastructure

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Brent crude futures are up slightly after attacks by the Houthis on a Yemeni military training camp and renewed attacks on Saudi energy, airport and military facilities, Reuters reports.

Brent crude futures are up 17 cents, or 0.15 per cent, to $110.03 a barrel as of 1708 GMT (10:08pm PKT), after falling more than $3 earlier in the session as investors booked profits following last week’s rally to a five-month high.

US West Texas Intermediate is up $1.68, or 1.66pc, to $103.09 a barrel in relatively thin trade ahead of the October 20 expiry of the front-month contract.

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