Oil Extends Drop as Saudi Arabia Moves to Restore Vital Pipeline

By Kanoko Matsuyama and Charles Gorrivan

Sep 17, 2026 (Bloomberg) –Oil extended a decline on signs that supply disruptions in the Middle East are set to ease, with Saudi Arabia seeking to partially restore flows along a vital pipeline.

Brent traded near $102 a barrel after losing 2.7% on Wednesday, while West Texas Intermediate was below $100. The kingdom is seeking to return about half the capacity of its key East-West pipeline within days, after shutting it last week following drone strikes. At the same time, Saudi Arabia has sold Asian refiners more oil for collection at locations just