Monday, 5 October 2026

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Oil slips as Middle East crude exports rise, G7 to release stocks

Oil prices edged lower on Monday as rising ​Middle East crude exports and a release of oil stocks by the Group of Seven ‌nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure amid the US-Israeli war on Iran.

Oil slips as Middle East crude exports rise, G7 to release stocks

Oil prices edged lower on Monday as rising ​Middle East crude exports and a release of oil stocks by the Group of Seven ‌nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure amid the US-Israeli war on Iran.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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