Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict
Traders weighed six months of added Russian diesel supply, while a Houthi attack in Riyadh kept geopolitical risk in focus.
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7 Articles
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks - Regional Media News
By Anjana Anil Oct 12 (Reuters) - Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia. Brent [...]
According to CNBC, Brent drops 1.48% to US$ 105.05 and WTI falls 1.57% to US$ 92.27 with the expectation of more Russian diesel in the global market
Singapore: Oil prices dropped Tuesday after jumping about $2 per barrel at the previous meeting with customers assessing the supply risks of attacks on Saudi Arabia and the potential for increased diesel supplies from Russia. Brent's future contracts fell 61 cents, or 0.57 percent, to $106.04 per barrel by 00:00 GMT, while West's future contracts declined [...].
Oil prices fell on Tuesday after rising by about $2 a barrel in the previous session.
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