Oil prices rise more than 1% after attack on Saudi refinery revives concerns about potential West Asia supply disruptions

Oil prices rose more than 1% on Wednesday after Ansarallah attacked a refinery in Saudi Arabia, reviving concerns about potential supply disruptions in West Asia.

At 08:58 GMT, Brent crude futures were up $1.36, or 1.2%, at $115.24 a barrel. U.S. West Texas Intermediate crude gained $1.62, or 1.6%, to $101.52 a barrel.