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Finance & Markets

Mitchell: Hormuz Oil Exports Up With Shuttle Tankers Use

Oil steadied after gaining early on October 1st on uncertainty over the Middle East flow recovery can be sustained. Crude rose for a third month in September, as Washington and Tehran failed to make headway toward a lasting peace agreement that would fully reopen the Strait of Hormuz. Victoria Mitchell, Control Risks’ Senior Analyst for Maritime told Bloomberg’s Abeer Abu Omar on Horizons Middle…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Brent Tumbles to $96 as Gulf Oil Flows Bounce Back

Crude oil prices moved markedly lower on Wednesday and stayed there earlier today, after booking a solid jump for September.

  • Brent crude drops to $96 per barrel
  • Gulf oil exports near pre-war levels
  • Saudi Arabia exports more oil than last September

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