Oil rises more than $3 to nearly six-month highs as Ansarallah operations in Saudi Arabia fuel concerns over West Asian supply disruptions

Oil prices climbed on Friday, with concerns about further disruption to West Asian energy supplies following Ansarallah operations in Saudi Arabia. Brent crude settled at $116.72 a barrel, up $3.55, or 3.14%, and its highest close since April 29. U.S. West Texas Intermediate (WTI) finished at $103.27 a barrel, a gain of $3.80, or 3.8%.