Oil Prices Dip as Exports Recover, US Inventories Fill Up

Oil Prices Dip as Exports Recover, US Inventories Fill UpSingapore, 1 Oct 2026 (ONA) — Oil prices fell 1% today as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns. Brent crude futures fell 1.1% to $96.92 a barrel, and US West Texas Intermediate crude dropped 1.4% to $89.18 a barrel. Both benchmarks rose about $1 a barrel on Wednesday. Brent recorded a monthly gain of around 14% in September, its biggest since July, while WTI increased by about 5% on the month. — Ends/AH