Factbox: Risks to Middle East oil and gas shipping routes

Factbox: Risks to Middle East oil and gas shipping routes

Saudi Arabia said on Thursday it was suspending oil shipments through the Red Sea after Yemen’s Iran-aligned Houthis attacked two crude tankers, underscoring risks caused by the conflict in the world’s top oil exporting region.

Oil holds a narrow range as OPEC meeting looms

Oil holds a narrow range as OPEC meeting looms

Oil prices were little changed in early Asian trade on Friday, as investors eyed a key OPEC meeting in Vienna and Saudi Arabia and Russia, architects of a producer deal to cut output, indicated they want production to rise.

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