October 6, 2026Commodities·Bearish·commodities
Oil slips below $100 as Gulf exports via Ormuz rise, easing supply concerns
Oil prices fell below $100 as Gulf exports via the Strait of Ormuz rose, easing supply concerns. Shell says Middle East oil flows have returned to about 80% of pre-war levels, with WTI testing support at $87; a drop below could extend the decline towards $83.
Detected & updated continuously · Source: Nebula
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West Texas Intermediateoil price