BusinessAI imageOil Prices Stabilize Amid Saudi Supply Concerns After Pipeline Attack
Oil prices have stabilized after initial declines due to concerns over Saudi Arabia's oil supply following an attack on a Red Sea pipeline. Saudi Aramco informed some European refiners that no crude oil would be supplied next month. Despite fears, the market views the Saudi pipeline outage as less disruptive than expected, leading to a flat finish for the week.
wsj.com·


