NYMEX Overview: Oil Futures Rally on Saudi Pipeline Outage, Red Sea Threats — OPIS
Oil futures rallied Tuesday following last week's shutdown of Saudi Arabia's East-West Pipeline and Houthi threats to Red Sea shipping.As of 11:45 a.m. ET, October West Texas Intermediate was trading $3.30 higher at $104.69, with November WTI up $2.48 at $99.62/bbl. November ICE Brent crude was tra…
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