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The Economic Times

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

Oil G7 Gulf Tim Waterer Saudi Arabia United States the Middle East

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 GMT, while US West Texas Intermediate crude futures fell 11 cents, or 0.1%, to $89.33 a barrel.

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Top stories on inkl right now

2 people killed, including a student, after Florida school bus rolls over in crash

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Florida bus crash: A tragic accident occurred in Winter Haven when a school bus was hit by an oncoming car. The bus carried nearly 40 people, including students and the driver. Following the crash, a student and the driver of another vehicle were reported dead. Emergency responders transported 26 students…

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We Got This Covered

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One subscription that gives you access to news from hundreds of sites

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