🚨 NOW: Oil prices dip from near six-month highs, with US crude futures down 2% t | Gate News

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10-26 05:42

🚨 NOW: Oil prices dip from near six-month highs, with US crude futures down 2% to $101 and Brent futures at $114, as Houthi attacks on Saudi Arabia keep supply fears alive.

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LiquiditySponge6h ago

Brent at 114 is actually pretty stable; if things really go wrong in Saudi Arabia, 200 isn’t out of the question

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DeFiGardener10-26 05:51

The $101 level is pretty precarious; if things don't quiet down on the Houthi front, it could surge back up at any time

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Prince123ruhul10-26 05:48

Here for the updates 🙌

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OnChainSleuth10-26 05:46

Just a short-term technical pullback; the geopolitical premium is still there, so I’m not willing to increase my position

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GasStationAttendant10-26 05:46

Oil prices pull back, giving bulls room to breathe, but the Red Sea situation hasn't calmed down, and supply risk remains

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