US Cash Crude Grades Ease As Trump Downplays Likelihood Of Renewed Strikes On Iran, Reports Show
Trump Calls Fresh Strikes Highly Unlikely As Long As Talks Progress. Tehran Sees No Talks Unless US Takes Practical Steps To Meet Seven Conditions - Saudi State Media Reports Strike On East-West Oil Pipeline In Medina Region - OPEC Output Rose In October, Led By Saudi Arabia, Kuwait And Iraq: Reuters Survey - Iraq Cuts December Basrah Medium Price For Asia To $8.80/BBL Below Oman/Dubai Average - Mars Sour Falls $0.40 To $1.75/BBL Below US Crude Futures. WTI Midland Falls $0.15 To $0.25/BBL Above Futures - Light Louisiana Sweet Rises $0.50 To $2/BBL Above US Crude Futures. West Texas Sour Rises $0.55 To $2.50/BBL Below Futures - January Brent Settles Down $5.75 At $92.57/BBL, December WTI Down $3.98 At $86.85/BBL - US Crude Stockpiles Seen Falling About 330,000 Barrels In Week Ended November 6
Trump Calls Fresh Strikes Highly Unlikely As Long As Talks Progress. Tehran Sees No Talks Unless US Takes Practical Steps To Meet Seven Conditions - Saudi State Media Reports Strike On East-West Oil Pipeline In Medina Region - OPEC Output Rose In October, Led By Saudi Arabia, Kuwait And Iraq: Reuters Survey - Iraq Cuts December Basrah Medium Price For Asia To $8.80/BBL Below Oman/Dubai Average - Mars Sour Falls $0.40 To $1.75/BBL Below US Crude Futures. WTI Midland Falls $0.15 To $0.25/BBL Above Futures - Light Louisiana Sweet Rises $0.50 To $2/BBL Above US Crude Futures.
West Texas Sour Rises $0.55 To $2.50/BBL Below Futures - January Brent Settles Down $5.75 At $92.57/BBL, December WTI Down $3.98 At $86.85/BBL - US Crude Stockpiles Seen Falling About 330,000 Barrels In Week Ended November 6