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Oil prices slip as traders weigh strong Mideast exports against Gulf tensions

Oil prices slip as traders weigh strong Mideast exports against Gulf tensions

By Sumit Saha Oct 6 (Reuters) - Oil prices down on Tuesday as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, though attacks by Yemen's Houthis on Saudi targets kept traders wary of risks to Gulf supplies.

Oil falls as Middle East crude exports rise, G7 to release stocks

Oil falls as Middle East crude exports rise, G7 to release stocks

By Florence Tan NEW DELHI/SINGAPORE, Oct 5 (Reuters) - Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure as the US-Israeli war on Iran drags on.

Oil steadies on rise in Middle East crude exports and G7 stocks release

Oil steadies on rise in Middle East crude exports and G7 stocks release

By Seher Dareen LONDON, Oct 5 (Reuters) - Oil prices edged higher in volatile trade on Monday after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies, though selling was limited by ongoing disruption fears linked to the US-Israeli war on Iran.

Oil slips as Middle East crude exports rise, G7 to release stocks

Oil slips as Middle East crude exports rise, G7 to release stocks

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Oil prices slipped on Monday as rising crude exports from the Middle East and a release of oil stocks from Group of Seven nations are adding to supplies despite ongoing concerns about further damage to Gulf oil infrastructure amid the Iran war.

How stocks will react when the catalysts are few

How stocks will react when the catalysts are few

Tech stocks led the U.S. market last week and may lead again if Middle East tensions stay muted. Watch the Fed minutes and earnings from Delta Air Lines.

Middle East oil exports top pre-war levels for part of September but tanker attacks increase

Middle East oil exports top pre-war levels for part of September but tanker attacks increase

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.

Middle East oil exports top pre-war levels in September, but tanker attacks increase

Middle East oil exports top pre-war levels in September, but tanker attacks increase

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Middle East oil exports exceeded pre-war levels in September, shipping data from Kpler and Vortexa showed on Monday, as Gulf producers ramped up cargoes despite attacks on vessels crossing the Strait of Hormuz.

Detroit Free Press

Gas prices fall, especially in Ohio, which just suspended fuel taxes

Gas prices fall, especially in Ohio, which just suspended fuel taxes

Michigan gasoline prices, which averaged $4.46 a gallon on Monday, Oct. 5, were down 21 cents from a week ago, according to AAA.

Oil market turmoil could last for years, executives say

Oil market turmoil could last for years, executives say

LONDON, Oct 5 (Reuters) - Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday.

Middle East crude oil exports exceed pre-war levels but tanker attacks increase

Middle East crude oil exports exceed pre-war levels but tanker attacks increase

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.

Yemeni government launches offensive to seize all areas from Iran-backed Houthis

Yemeni government launches offensive to seize all areas from Iran-backed Houthis

By Mohammed Ghobari, Timour Azhari and Eman Abouhassira ADEN, Oct 4 (Reuters) - Yemen’s Saudi-backed, internationally recognised government said on Sunday it was launching a major military campaign to recapture all areas of the country controlled by the .

OPEC+ agrees in principle to keep November oil output targets steady, sources say

OPEC+ agrees in principle to keep November oil output targets steady, sources say

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Oct 4 (Reuters) - OPEC+ has agreed in principle to keep oil production targets steady for November, three sources close to the matter said ahead of the group's meeting on Sunday.