Crude oil prices, which dipped yesterday, extended their losses earlier today following reports that Saudi Arabia will be exporting more oil through Oman while the East-West pipeline is repaired. At the time of writing, Brent crude was trading at $105.89 per barrel, with West Texas Intermediate at $102.39 per barrel. Earlier in the week, Brent topped $108 briefly, and WTI spiked to over $103 per barrel. The spike followed the latest Houthi attacks on Saudi energy infrastructure, notably the East-West pipeline that was sending crude to the Red Sea…
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