Oil Slides After Saudi Arabia Reportedly Offers More Crude via Oman
Brent fell about 3.1% to $105.36/bbl as reports said Saudi Arabia would transport more crude through Oman, easing fears about supply limits from pipeline damage.
Oil prices dropped sharply on Wednesday after Saudi Arabia reportedly offered additional crude through Oman, easing concerns that damage to its key East-West pipeline could further tighten global supply. 36 per barrel.