Oil prices rise about 2pc as Yemen fighting stokes supply fears

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Oil prices have climbed about two per cent as continued fighting in Yemen and an attack on a refinery in Saudi Arabia renew concerns about additional supply disruptions from the Middle East, Reuters reports.

Brent futures were up $1.81, or 1.6pc, to $115.69 per barrel at 1442 GMT (7:42pm PKT), while US West Texas Intermediate crude rose $2.52, or 2.5pc, to $102.42.

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