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Shafaq News: Oil Prices Fall Below $104 per Barrel

Summary by شفق نيوز
Shafaq News - Follow-up: Brent crude futures fell 2% on Tuesday to below $104 a barrel, amid signs of a recovery in Middle East oil supplies and efforts to revive mediation between the United States and Iran. Brent crude futures dropped to $103.50 a barrel, while US crude futures fell 2.2% to around $90 a barrel by 1:40 PM GMT (4:40 PM Baghdad time). Despite the decline, oil prices remain high, impacting fuel prices in several countries and cont…

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Crude prices fall by signs of improved exports from the Middle East, despite tensions between Tehran and Washington.The reactivation of the Saudi pipeline drives the flow, although the diplomatic impasse continues to affect market expectations.

·Buenos Aires, Argentina
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Center

Shafaq News - Follow-up: Brent crude futures fell 2% on Tuesday to below $104 a barrel, amid signs of a recovery in Middle East oil supplies and efforts to revive mediation between the United States and Iran. Brent crude futures dropped to $103.50 a barrel, while US crude futures fell 2.2% to around $90 a barrel by 1:40 PM GMT (4:40 PM Baghdad time). Despite the decline, oil prices remain high, impacting fuel prices in several countries and cont…

·Iraq
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The barrel of West Texas Intermediate fell from 3.48% to 89.38 dollars.

·Montreal, Canada
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Oil prices fell at the close of trading on Tuesday, as investors focused on signs of improving crude exports from the Middle East, despite continued concerns about a return to military escalation between the United States and Iran. Brent crude (November delivery) dropped $2.69 (2.56%) to $102.59 a barrel. WTI crude (November delivery) also declined by $3.22. […] The article "Oil Falls at Close Amid Signs of Recovery in Middle East Supplies" was …

Oil closed down on Tuesday (29) with the resumption of exports by the Saudi Arabian pipeline and the expectation of some progress in the negotiations between the United States and Iran to put an end to the conflicts in the Middle East. Brent's most liquid oil contract, reference to the international market, for December closed with [...]

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Future oil contracts closed down on Tuesday, 29, with the market adjusting in the face of signs of resumption of exports by

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El Economista broke the news in Mexico City, Mexico on Tuesday, September 29, 2026.
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