Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Oil Prices Slide as Eased Saudi Disruption Concerns Offset Middle East Tensions

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices declined on Friday for a third consecutive session as concerns over Saudi supply disruptions eased, outweighing anxiety about an escalating conflict in the Middle East. The Brent crude futures contract fell by $1.65, or 1.6%, to US$103.17 per barrel at 1008 GMT.

U.S. West Texas Intermediate futures were down 61 cents, or 0.6%, at US$101.30. This decline in oil prices comes as tensions persist in the Middle East, with no signs of abating.

The Strait of Hormuz remains a critical chokepoint for global oil supplies, but the impact on oil prices appears to be minimal for now.

More on Commodities

Commodities 1m ago

Aramco Crude Deliveries Halted After Pipeline Attack

Commodities 1m ago

F-35 Sale to Saudi Arabia Sparks Concerns About Effectiveness and Qualitative Military Edge

Commodities 2m ago

Houthi Attacks on Saudi Oil Facilities Spark Global Fuel Price Concerns

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy