Oil Holds Near Two-Week Lows on Easing Supply Concerns
Saudi Arabia restarted a key pipeline and Iraq raised exports, easing supply fears as U.S. crude inventories rose 1.8 million barrels, Reuters said.
8 Articles
8 Articles
Saudi Arabia Restarts East-West Pipeline to Resume Exports Days After Drone Attack
Saudi Arabia Restarts East-West Pipeline to Resume Exports Days After Drone Attack Daniel Onyango Wed, 09/23/2026 - 12:55 Saudi Arabia has restarted operations along its critical East-West Pipeline, paving the way to resume crude oil exports from the Red Sea port of Yanbu as early as Tuesday, according to three sources familiar with the matter. The resumption of pipeline operations signaled a potential increase in Middle Eastern oil flows, trigg…
Global Oil Prices Near Two-Week Low, But Pakistanis Yet to See Major Relief
SINGAPORE: Global oil prices continued their decline for a sixth consecutive session on Wednesday, pressured by improving oil supply from the Gulf region and easing concerns over disruptions in the international market. However, despite the recent decline in global crude prices, the Shehbaz Sharif-led government in Pakistan has yet to deliver significant relief to consumers. […]
Global oil prices have fallen for six consecutive days due to improved Middle East supplies and hopes for US-Iran dialogue. Brent is now worth Rp1.75 million per barrel. Read here
Oil prices were operating on Wednesday close to their lows in more than two weeks, as improving the oil supply of the Persian Gulf was pushing the market.
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