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Brent Crude holds above $82 as OPEC+ maintains production discipline EIA reports US crude inventories draw of 3.2M barrels Permian Basin operators report record Q2 output exceeding 6.2M bpd Brent Crude holds above $82 as OPEC+ maintains production discipline EIA reports US crude inventories draw of 3.2M barrels Permian Basin operators report record Q2 output exceeding 6.2M bpd

Markets

Oil Slides on Saudi Price Cut

Rigzone Latest | October 5, 2026 · 1 min read

Crude prices declined as Saudi Arabia cut Asian prices and Hormuz oil flows improved.

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