Oil prices extend losses as fears of Middle East supply disruptions ease

Oil prices extend losses as fears of Middle East supply disruptions ease

Arab News Sep 17, 2026 Oil prices extend losses as fears of Middle East supply disruptions ease

RIYADH: Oil prices eased in Asian trade on Thursday, extending ​losses on reports of Saudi Arabia offering extra crude cargoes through Oman, which reduced fears of supply ‌disruptions, but stayed above $100 on concerns about the Middle East conflict expanding. Brent crude futures dropped 19 cents, or 0.2 percent, to $105.64 a barrel by 06:47 a.m. Saudi time, while US West Texas Intermediate futures were down 33 cents, or 0.3 percent, at $102.10. Both contracts fell about $3 on Wednesday.

Source: Arab News

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Arab News
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September 17, 2026 - 10:07 AM
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Oil prices extend losses as fears of Middle East supply disruptions ease

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Economy

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