Oil prices rise after attack on Saudi Arabian refinery reignites supply concerns

BEIJING: Oil prices rose on Wednesday after an attack on a refinery in Saudi Arabia, the world's biggest crude exporter, renewed concerns about supply risks in the Middle East stemming from the conflict with Iran and its proxies. Brent crude futures rose US$1.48, or 1.30 per cent, to US$115.36 a barrel as of 0140 GMT. US West Texas Intermediate crude rose US$1.22, or 1.22 per cent, to US$101.12.…