Saudi Pipeline Restart Eases Crude Oil Futures Concerns
Crude oil futures declined on Thursday as market participants began to assess the impact of the Saudi pipeline attack.
The partial restart of operations on the East-West pipeline has alleviated some concerns about the severity of losses due to the disruption.
The development comes after a series of reports highlighting the struggles in the US fuel markets, including record-high diesel prices and a possible ban on exports by the White House.