Brent Holds Steady Amid Middle East Supply Risks
Oil prices held steady in Asian trading on Thursday after rising in the previous session, as traders weighed signs of recovering Middle East crude flows against uncertainty over whether the improvement can be sustained.
The Brent Oil Futures for December edged up 0.2% to $98.23 per barrel by 20:35 ET (00:35 GMT), while WTI was little changed at $90.49 a barrel.
Recent data showed some recovery in Gulf exports, with Middle East crude exports reaching 16.328 million barrels per day in September, their highest level since the conflict began in February.
However, regional flows remain below pre-conflict levels, leaving the market sensitive to any renewed disruption.