Oil price eases as US producers restart operations
Brent falls as offshore drillers reopen oil rigs after Hurricane Sally cut US output
18 September 2020 - 07:30
Tokyo — Oil prices drifted lower on Friday, pausing after three days of gains, as producers prepared to resume operations in the Gulf of Mexico and data showed Saudi Arabian exports rose from record lows.
Brent crude was down 6c at $43.24 a barrel by 1.12am GMT, while US oil futures dropped 6c to $40.91 a barrel. Both contracts have risen sharply this week as Hurricane Sally cut US production and are on track for a weekly gain of about 9%, the first in three weeks...
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