Brent falls 2.6% to $101.18, WTI below $98 as Saudi Hormuz flows jump to 2.9m bpd

Crude fell for a fourth straight session, with Brent down 2.6% to $101.18 and WTI below $98, as diplomacy hopes and resilient supply eased shortage fears. Saudi shipments through the Strait of Hormuz have averaged 2.9 million bpd versus 700,000 in August.

Detected & updated continuously · Source: Nebula