Oil Prices Slide on Unexpected U.S. Inventory Build Amid Middle East Supply Fears

U.S. crude inventories unexpectedly rose by 7.1 million barrels last week

Brent crude futures dropped 0.86% to settle at $107.82 a barrel.

WTI crude futures declined 0.92% to trade at $104.86 a barrel.

Saudi Arabia halted Yanbu port oil loadings following a strategic pipeline attack.

Oil Prices Slide on Unexpected U.S. Inventory Build Amid Middle East Supply Fears

U.S. crude inventories unexpectedly rose by 7.1 million barrels last week

Brent crude futures dropped 0.86% to settle at $107.82 a barrel.

WTI crude futures declined 0.92% to trade at $104.86 a barrel.

Saudi Arabia halted Yanbu port oil loadings following a strategic pipeline attack.

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