Oil Dips in Choppy Session on Mixed Outlook for Saudi Exports
5 Articles
5 Articles
Brent crude oil prices fell 0.91 percent to $103.87 per barrel in the latest trading session.
Crude oil futures prices on the New York Mercantile Exchange fell for the third consecutive day on the 18th, with the benchmark West Texas Intermediate (WTI) October delivery closing down $1.61 from the previous day at $100.30 per barrel.
International oil prices fell for the third consecutive trading day on the 18th (local time). News that Saudi Arabia has secured an alternative route for crude oil exports weighed down concerns over the escalating conflict in the Middle East, dragging oil prices down. Brent crude futures fell 0.75% to $104 per barrel, while West Texas Intermediate (WTI) futures dropped 0.69% to $101.20 per barrel. Both benchmark oil prices had already fallen by…
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