Saudi crude oil prices have dropped, and Gulf crude exports in September have returned to about 91% of pre-war levels. Isn't that a negative factor?
2026-10-07 23:05:25
According to CoinMeta, with the reduction in Saudi crude oil prices, Gulf crude exports in September have returned to about 91% of pre-war levels. Isn't that a negative factor? Although the oil price has dropped by $3, charter shipping costs have increased by 1 million dollars, bringing the actual cost for Asian buyers close to $150 per barrel! What exactly has been restored with that significant increase in supply over the past few months?
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Source:Internet
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