WTI crude oil falls as Saudi pipeline concerns ease, ANZ says
Oil is lower in early Asian trade. ANZ Research says worries about extended disruptions to Saudi pipeline flows are easing, with the East-West pipeline expected to return to about half capacity within days after a shutdown.
Oil fell in early Asian trade as initial concerns about an extended disruption to pipeline flows from Saudi Arabia appeared to ease, ANZ Research analysts said in a note. The country said it expects the East-West pipeline to return to about half its capacity within days after it was shut down.