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News 2026-10-06 00:35 UTC

Oil prices slip as traders weigh strong Mideast exports against Gulf tensions

By Sumit Saha Oct 6 (Reuters) — Oil prices down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen's Houthis on Saudi targets kept traders wary of risks to Gulf supplies. Brent crude futures lost 4 cents to $100.28 a barrel by 0003 GM

News 2026-10-06 00:11 UTC

Oil Little Changed as Traders Weigh Mideast Crude Export Data

Oil prices were little changed in Asian trade, with Brent crude futures holding above $100 a barrel. This stability comes despite ship tracking data indicating a significant increase in Middle Eastern oil exports, approaching pre-war levels, according to Commonwealth Bank of Australia.