W&T Offshore(WTI)
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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Houthis Attack Saudi Aramco Facilities
FX Empire· 2026-09-08 02:46
WTI oil gains ground amid reports indicating that Saudi Aramco oil facility in Jizan was hit. This refinery has been previously attacked by the Houthis. It is not clear whether damage was significant, but the market interprets the attack as a sign of additional escalation in the Middle East.Meanwhile, Iran said that it would reach a deal with Oman. The countries would manage shipping through the Strait of Hormuz.Iran and Oman have been negotiating for several weeks. U.S. President Donald Trump has previousl ...