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Oil prices fell after an unexpected rise in US crude inventories, despite ongoing concerns about Middle East supply disruptions.

Market News
16 Sep 2026
CNBC
View Source
Bearish
Oil prices fell after an unexpected rise in US crude inventories, despite ongoing concerns about Middle East supply disruptions.

Oil prices declined after a report showed an unexpected increase in U.S. crude, gasoline, and distillate inventories last week. This overshadowed concerns about potential supply disruptions following an attack on Saudi Arabia's East-West pipeline by Iran-backed forces. Analysts are closely watching the pace of repairs to Saudi infrastructure and the security conditions along Gulf export routes, as any further disruptions could tighten the market and push prices higher.

For readers following oil price movements, here is Pluang's market snapshot as of Sep 16, 2026 09:51 WIB: of 30 priced Energy-sector US stocks tradable on Pluang, 22 rose today. ConocoPhillips (COP) traded at USD 141.00, a 1-day change of +3.17%. Devon Energy Corp (DVN) traded at USD 51.30, a 1-day change of +3.16%.

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