Oil advances as storm, Saudi attacks threaten supply

Arabian Post Staff -Dubai Oil prices climbed on Wednesday as traders assessed the risk of supply disruption from a developing Gulf of Mexico storm and escalating Houthi attacks on Saudi Arabia, offsetting signs that more Middle East crude was reaching global markets. Brent crude futures rose 93 cents, or 0.92%, to $101.51 a barrel by 0022 GMT, while US West Texas Intermediate crude gained 82 cents