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Asian Refiners

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Aerial shot of large oil storage tanks in an industrial district with adjacent railway tracks.
FORECASTSSEP 17, 2026
Oil Price Forecast: WTI Holds Key Support as Saudi Rerouting Cools Supply Fears
Oil prices extended losses as Saudi Arabia offered crude to Asian refiners through ship-to-ship transfers near Oman, easing immediate supply concerns. Still, WTI above $97 and Brent above $102 keep the near-term technical outlook constructive despite inventory pressure and regional risk.