SingaporeBrent fell 2.08% to $101.71, its lowest since 10 September.

Hopes for diplomacy at this week’s UN meeting removed risk premium, analyst Tim Waterer of KCM Trade said.

Saudi Arabia’s oil through Hormuz averaged 2.9 million barrels a day over six days, up from 700,000 in August, JPMorgan analysts said.

The Houthis said they attacked Riyadh and Aramco’s Yanbu export hub on Saturday.

Trump says he is open to meeting Iranian President Masoud Pezeshkian, due at the UN this week.

How each outlet framed it

drawn from 40+ reports worldwide

Aol
analyzes WTI technical support break at $100/barrel; risk-premium removal on diplomacy hopes; October-November contract rollover

Sources: Aol