The IndependentUPDATE 15-Oil up after Saudi air strikes in Yemen; dollar limits gainsReutersSaudi air strikes stoke oil security fears. * Egypt sends 4 naval vessels to secure Gulf of Aden. * Iran says halt "aggressions"; security up at Kuwait oi …

Financial PostUPDATE 9-Oil surges 8 pct as US rig count plunges, shorts scrambleReutersU.S. oil rig count dives by 94; down 24 pct from peak. * Rig count drop most in record going back to 1987. * Oil to fall more before mild recovery in second half-poll. * …