Oil Settles Lower as Saudi Restarts East-West Pipeline
Brent settled at $99.25 as Saudi flows through Hormuz rebounded to 2.9 million bpd. Trump pushed a peace deal past the November midterms, capping the day's losses.
Topic
Crude Oil
Topic
Crude Oil
Saudi Pipeline Restart Fails to End Oil Market Tightness
Saudi Arabia restarted its 7 million b/d East-West pipeline after 11 days, but VLCC earnings of $1.2 million per day and freight…
Crude's Slide to 3-Week Low Lifts Tech Shares as Stocks Extend Gains
WTI crude fell over 2% to a 3-week low on Iran's Strait of Hormuz proposal, lifting the S&P 500 to a 5-week high and sending chip…