Oil slides below $106 on easing supply concerns

PSX Update • Sep 17, 2026

Oil prices extended their decline on Thursday as concerns over potential supply disruptions eased after Saudi Arabia began arranging alternative crude shipments following attacks on its key East-West pipeline.

September 17, 2026 (MLN): Oil prices extended their decline on Thursday as concerns over potential supply disruptions eased after Saudi Arabia began arranging alternative crude shipments following attacks on its key East-West pipeline. Currently, Brent crude futures is down, 2.14%, at $105.77 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is up by $2.43, or 2.32%, to $102...