Oil drops again as Middle East supply fears shift
📡 Bloomberg Markets · 1 min read ·
Part of composite article Saudi Drone Strike Shuts Key Oil Pipeline, Aramco Cancels October Crude to Europe View full article →
Oil prices fell for a third day in a row. The drop comes as concerns about Middle East supply are changing.
Saudi Arabia has paused some oil sales to Europe. However, traders and analysts say current reserves can still cover demand for now.