Oil falls as crude flows remain 'surprisingly strong'

1 hour ago 3

Fuel tankers carrying Iraqi oil arrive at the coastal storage facilities of the Baniyas Oil Terminal in Tartus province, Syria, on September 13, 2026. Hasan Belal | Anadolu | Getty ImagesOil fell Monday, as traders keep watch for a recovery in shipments from Saudi Arabia even after attacks by Iran-backed Houthis on Saudi Arabia with missiles and drones on Saturday. Futures for international benchmark Brent crude for November delivery fell 1.66% to $102.15 a barrel. U.S. West Texas Intermediate futures for October dropped 1.83% to $98.46 per barrel.Stock Chart IconStock chart icon brent"Middle East oil flows remain surprisingly strong despite the disruption to Saudi Arabia's East-West pipeline," according to JPMorgan analysts in a Sept. 18 note. The total oil flows averaged 17.1 million barrels per day in the past 10 days, 6.1 million bpd below the 2025 average, it added. Stock Chart IconStock chart icon wtiHowever, potential supply issues continue to present themselves. U.S. President Donald Trump said he is in a "deciding mode" and "very big things" are going to happen in the near future regarding the US-Iran war, in an interview with Fox News. "My question is, if and when do I bl...

Read Entire Article






<