Published • loading... • Updated
Oil Prices Fall 1% on Hopes of Limited Supply Disruptions
Saudi Arabia’s pipeline repairs and offshore loadings helped offset strike risks, while Brent crude fell 1% to $103.77 a barrel, Reuters said.
Summary by Channel News Asia
10 Articles
10 Articles
Oil prices fall 1% on hopes of limited supply disruptions
Oil prices fell about 1%, extending losses for a third session, but stayed above $100 on Friday, as hopes of alternate ways for barrels from the Middle East to reach markets outweighed concerns about strikes between Saudi Arabia and Yemen's Houthis.
·London, United Kingdom
Read Full Article
Oil prices closed on Thursday with a drop of about 1 per cent, but remained above $100 per barrel, while investors weighed the disruptions caused by the attacks by Saudi Arabia and the Houthis of Yemen, backed by Iran, against reports that additional barrels of Saudi crude could reach world markets and alleviate supply concerns.
·Mexico City, Mexico
Read Full ArticleCoverage Details
Total News Sources10
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
To view factuality data please Upgrade to Premium
