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Barclays: Oil outflows from the Middle East are higher than in the early stages of the conflict, but the market remains in a state of shortage, and the inventory buffer is now greatly reduced.

2026-09-05

Barclays: Oil outflows from the Middle East are higher than in the early stages of the conflict, but the market remains in a state of shortage, and the inventory buffer is now greatly reduced.

Other News
2026-09-05

US Treasury Secretary BESSENT said oil could drop to as low as $40/bbl once the Iran conflict ends as large volumes of supply re-enter the market — “we could see $50, $40.” He noted recent US‑Iran military clashes pushed Brent above $95 and WTI near

US Treasury Secretary BESSENT said oil could drop to as low as $40/bbl once the Iran conflict ends as large volumes of supply re-enter the market — “we could see $50, $40.” He noted recent US‑Iran military clashes pushed Brent above $95 and WTI near $90. BESSENT said higher energy prices have amplified inflation worries and lifted global benchmark bond yields, with the US 10‑year yield rising this week to its highest level since 2023. He downplayed reports that Norway’s sovereign wealth fund is cutting Treasury holdings, saying the fund intends to reallocate into other US assets, including Fannie Mae- and Freddie Mac-related debt.
2026-09-05

Saudi outlet Alhadath reports the Yemeni army has launched counterattacks against Houthi forces on the Kadhah and Hays fronts.

Saudi outlet Alhadath reports the Yemeni army has launched counterattacks against Houthi forces on the Kadhah and Hays fronts.
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