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Oil prices dip as Saudi Arabia resumes tanker loadings, easing supply concerns despite stalled US-Iran talks.

Market News
01 Oct 2026
CNBC
View Source
Neutral
Oil prices dip as Saudi Arabia resumes tanker loadings, easing supply concerns despite stalled US-Iran talks.

Oil prices fell as Saudi Arabia resumed loading oil tankers from its Red Sea port of Yanbu and restarted its East-West Pipeline, easing fears of supply disruptions. Brent crude dropped to $96.96 per barrel and U.S. West Texas Intermediate to $89.24. While crude flows near pre-war levels, gasoline supplies remain tight. Traders remain cautious as U.S.-Iran talks stall, with no immediate resolution to the Iran conflict in sight, keeping geopolitical risks in focus.

Oil prices fell as Middle East exports recovered, with Brent crude at $96.96 and U.S. West Texas Intermediate at $89.24 per barrel. For readers following oil market dynamics, here is Pluang's market snapshot as of Oct 01, 2026 10:41 WIB: Among 38 priced Energy-sector US stocks, 18 rose and 18 fell. Notable movers include Suncor Energy Inc. (SU) down 3.29% at USD 65.29 with 100% buy order activity, TotalEnergies SE (TTE) down 2.66% at USD 85.38 with 77% buy order activity, and Uranium Energy Corp (UEC) up 2.05% at USD 9.48 with 92% sell order activity.

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