Extending yesterday’s decline, crude oil prices have moved lower on Thursday after supply-related concerns eased amid Saudi Arabia’s efforts to get its vital oil pipeline, which was hit by Houthi attacks, back to operations and U.S. President Donald Trump’s remarks on talks with Iran. However, attempts by Houthis to gain control over the Bab el-Mandeb region renewed escalation threats.
WTI Crude Oil for October delivery was last seen trading down by $0.60 (or 0.59%) at $101.83 per barrel.
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Market Analysis
Crude Oil Slides Amid Reports Of Saudi Oil Supply Restoration, Trump’s Message On Iran War
2026-09-17 18:35:54
