Oil prices rose, with Brent crude touching a more than five-month high, after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East, Reuters reports.
Brent crude futures gained 79 cents, or 0.7 per cent, to $113.96 a barrel by 0810 GMT, having earlier reached $114.72 for the highest level since May 4. US West Texas Intermediate crude gained $1.10, or 1.1pc, to $100.57.
The Brent benchmark is on track for a third consecutive weekly gain, of almost 4pc, while WTI is poised to finish 0.8pc down on the week.
