Oil prices traded lower on Thursday, extending losses from the previous session amid eased concerns about Middle East supply disruptions.
Brent crude futures dropped 1.3 percent to $104.49 a barrel while WTI crude futures were down 0.9 percent at $101.51.
Both Brent and WTI contracts fell about $3 a barrel on Wednesday after reports emerged that Saudi Arabia is offering more crude oil to Asian refiners through ship-to-ship transfer off Oman’s Sohar port.
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Oil Extends Losses For Second Day As Supply Concerns Ease
2026-09-17 09:35:12
