{"id":251248,"date":"2026-09-17T10:13:00","date_gmt":"2026-09-17T04:43:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=251248"},"modified":"2026-09-17T10:13:00","modified_gmt":"2026-09-17T04:43:00","slug":"oil-prices-today-extend-losses-saudi-arabia-supply","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/","title":{"rendered":"Oil Prices Today Extend Losses as Saudi Arabia Eases Middle East Supply Fears"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Oil prices today: Brent crude down $1.24 (-1.2%) to $104.59\/barrel. WTI down $1.14 (-1.1%) to $101.29. Both contracts fell about $3 on Wednesday too.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Oil prices today extended the previous session&#8217;s losses, falling further in early trade as reports that Saudi Arabia is offering extra crude cargoes through Oman eased concerns about potential supply disruptions in the Middle East. Brent crude futures dropped 1.24 dollars, or 1.2 percent, to 104.59 dollars a barrel, while US West Texas Intermediate futures fell 1.14 dollars, or 1.1 percent, to 101.29 dollars. Both benchmark contracts had already fallen about 3 dollars in the previous session, meaning oil prices today are extending a two-day decline rather than reversing a single day&#8217;s move.<\/p>\n<\/p><\/div>\n<p>Oil prices today extended losses from the previous session, falling further in early trade as reports emerged that Saudi Arabia is offering extra crude cargoes through Oman, a move that has eased market concerns about potential supply disruptions in the Middle East.<\/p>\n<p>Brent crude futures dropped 1.24 dollars, or 1.2 percent, to 104.59 dollars a barrel, while US West Texas Intermediate futures fell 1.14 dollars, or 1.1 percent, to 101.29 dollars, extending a decline that saw both benchmark contracts fall roughly 3 dollars each in the prior session.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=oil-prices-today-extend-losses-saudi-arabia-supply\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#Why_Saudi_Arabias_Move_Is_Easing_Oil_Prices_Today\" title=\"Why Saudi Arabia&#8217;s Move Is Easing Oil Prices Today\">Why Saudi Arabia&#8217;s Move Is Easing Oil Prices Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#The_Two-Day_Decline_in_Context\" title=\"The Two-Day Decline in Context\">The Two-Day Decline in Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#What_to_Watch_Next_for_Oil_Prices\" title=\"What to Watch Next for Oil Prices\">What to Watch Next for Oil Prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#Why_are_oil_prices_today_falling\" title=\"Why are oil prices today falling?\">Why are oil prices today falling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#What_is_the_current_price_of_Brent_crude\" title=\"What is the current price of Brent crude?\">What is the current price of Brent crude?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#What_is_the_current_price_of_WTI_crude\" title=\"What is the current price of WTI crude?\">What is the current price of WTI crude?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#Is_this_a_one-day_decline_or_part_of_a_longer_trend\" title=\"Is this a one-day decline or part of a longer trend?\">Is this a one-day decline or part of a longer trend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#How_is_Saudi_Arabia_easing_Middle_East_supply_concerns\" title=\"How is Saudi Arabia easing Middle East supply concerns?\">How is Saudi Arabia easing Middle East supply concerns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/oil-prices-today-extend-losses-saudi-arabia-supply\/#What_else_could_influence_oil_prices_going_forward\" title=\"What else could influence oil prices going forward?\">What else could influence oil prices going forward?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Saudi_Arabias_Move_Is_Easing_Oil_Prices_Today\"><\/span><strong>Why Saudi Arabia&#8217;s Move Is Easing Oil Prices Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Reports that Saudi Arabia is offering extra crude cargoes through Oman signal that the kingdom is positioning to backfill any potential supply gap in the region, a step that directly counters the kind of scarcity concerns that typically push oil prices higher during periods of Middle East tension.<\/p>\n<p>This kind of supply reassurance tends to have an outsized calming effect on oil markets specifically because much of any prior price rally was likely built on the anticipation of disruption rather than an actual, realised shortfall in supply, meaning prices can retreat quickly once that anticipated risk eases.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Oil and Energy Stocks on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Two-Day_Decline_in_Context\"><\/span><strong>The Two-Day Decline in Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With both Brent and WTI having already fallen roughly 3 dollars in the previous session before today&#8217;s further declines, oil prices today represent a continuation of a fairly sharp two-day pullback from whatever level had been supported by earlier supply-disruption fears.<\/p>\n<p>This pattern, a sharp rally on geopolitical risk followed by an equally sharp reversal once that risk is seen to ease, is a recurring feature of oil markets, underscoring how much of short-term price action in crude can be driven by shifting risk perceptions rather than actual changes in physical supply and demand.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/steel-sector-stocks-to-buy-tata-steel-jsw-steel-jindal-steel-nomura\">Steel Stocks Rally as Nomura Backs Tata Steel, JSW Steel and Jindal Steel Buy Calls Amid 4-Year High Prices<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_Oil_Prices\"><\/span><strong>What to Watch Next for Oil Prices<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors should watch for confirmation of the actual volumes Saudi Arabia is routing through Oman, since the market&#8217;s reaction so far has been based on reports rather than confirmed, executed supply data, which could still shift if the situation on the ground changes.<\/p>\n<p>Beyond the immediate Middle East supply picture, oil prices today are also likely to be shaped by the broader demand outlook following the Fed&#8217;s latest rate hike, since higher borrowing costs globally can weigh on economic growth expectations and, by extension, future oil demand.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/rbi-rate-hike-nomura-50-bps-q4-inflation\">RBI Rate Hike Alert: Nomura Sees 50 bps Increase in Q4 as Inflation Pressure Builds<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track oil prices and energy sector stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oil prices today are extending a two-day decline as Saudi Arabia&#8217;s move to offer extra crude cargoes through Oman eases Middle East supply concerns that had earlier supported prices. Investors should watch for confirmation of actual supply volumes and the broader demand outlook following the Fed&#8217;s rate hike, and should consult a SEBI-registered investment adviser before making investment decisions.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_are_oil_prices_today_falling\"><\/span><strong>Why are oil prices today falling?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil prices today are falling as reports that Saudi Arabia is offering extra crude cargoes through Oman eased fears of supply disruptions in the Middle East.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_price_of_Brent_crude\"><\/span><strong>What is the current price of Brent crude?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Brent crude futures fell 1.24 dollars, or 1.2 percent, to 104.59 dollars a barrel.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_price_of_WTI_crude\"><\/span><strong>What is the current price of WTI crude?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> US West Texas Intermediate futures fell 1.14 dollars, or 1.1 percent, to 101.29 dollars a barrel.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_a_one-day_decline_or_part_of_a_longer_trend\"><\/span><strong>Is this a one-day decline or part of a longer trend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil prices today extend a two-day decline, with both Brent and WTI having already fallen roughly 3 dollars each in the previous session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_Saudi_Arabia_easing_Middle_East_supply_concerns\"><\/span><strong>How is Saudi Arabia easing Middle East supply concerns?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Saudi Arabia is reportedly offering extra crude cargoes through Oman, signalling it is positioning to backfill any potential regional supply gap.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_else_could_influence_oil_prices_going_forward\"><\/span><strong>What else could influence oil prices going forward?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The broader demand outlook following the Fed&#8217;s latest rate hike, since higher global borrowing costs can weigh on growth expectations and future oil demand.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why are oil prices today falling?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil prices today are falling as reports that Saudi Arabia is offering extra crude cargoes through Oman eased fears of supply disruptions in the Middle East.\"}},{\"@type\":\"Question\",\"name\":\"What is the current price of Brent crude?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Brent crude futures fell 1.24 dollars, or 1.2 percent, to 104.59 dollars a barrel.\"}},{\"@type\":\"Question\",\"name\":\"What is the current price of WTI crude?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"US West Texas Intermediate futures fell 1.14 dollars, or 1.1 percent, to 101.29 dollars a barrel.\"}},{\"@type\":\"Question\",\"name\":\"Is this a one-day decline or part of a longer trend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil prices today extend a two-day decline, with both Brent and WTI having already fallen roughly 3 dollars each in the previous session.\"}},{\"@type\":\"Question\",\"name\":\"How is Saudi Arabia easing Middle East supply concerns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Saudi Arabia is reportedly offering extra crude cargoes through Oman, signalling it is positioning to backfill any potential regional supply gap.\"}},{\"@type\":\"Question\",\"name\":\"What else could influence oil prices going forward?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The broader demand outlook following the Fed's latest rate hike, since higher global borrowing costs can weigh on growth expectations and future oil demand.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices today extended losses as Saudi Arabia&#8217;s offer of extra crude cargoes through Oman eased fears of Middle East supply disruptions.<\/p>\n","protected":false},"author":29,"featured_media":251246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4141,5379],"class_list":["post-251248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crude-oil","tag-oil-prices"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["251246"],"rank_math_title":["Oil Prices Today: Extending Losses on Saudi Supply"],"rank_math_description":["Oil prices today extended losses as Saudi Arabia's offer of extra crude cargoes through Oman eased fears of Middle East supply disruptions."],"rank_math_focus_keyword":["oil prices today"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/oil-prices-today-extend-losses-saudi-arabia-supply.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/251248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=251248"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/251248\/revisions"}],"predecessor-version":[{"id":251249,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/251248\/revisions\/251249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/251246"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=251248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=251248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=251248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}