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#FedSEPProjects2026RateAt4.1% Oil prices steady amid easing worries over supply disruptions in the Middle East
Oil prices fell on Thursday, extending their recent losses, as reports of improved supply from Saudi Arabia and U.S. talks with the Houthis helped ease some concerns about supply disruptions in the Middle East.
A stronger U.S. dollar also weighed on crude prices following the Federal Reserve’s rate-hike and its adoption of a more hawkish outlook.
Brent crude oil futures edged down to $105.83 per barrel by 00:36 (Saudi Arabia time), while West Texas Intermediate (WTI) crude oil futures fell 0.2% to $102.21 per barrel.
#FedSEPProjects2026RateAt4.1% Oil prices steady amid easing worries over supply disruptions in the Middle East
Oil prices fell on Thursday, extending their recent losses, as reports of improved supply from Saudi Arabia and U.S. talks with the Houthis helped ease some concerns about supply disruptions in the Middle East.
A stronger U.S. dollar also weighed on crude prices following the Federal Reserve’s rate-hike and its adoption of a more hawkish outlook.
Brent crude oil futures edged down to $105.83 per barrel by 00:36 (Saudi Arabia time), while West Texas Intermediate (WTI) crude oil futures fell 0.2% to $102.21 per barrel.
