*Walter Bloomberg|Sep 11, 2026 11:56
OIL SET FOR 8% WEEKLY SURGE AS SUPPLY RISKS MOUNT
Oil remains on track for an 8%+ weekly gain as Middle East attacks threaten key supply routes, despite Brent retreating to around $104 and WTI below $100 Friday.
Reuters reports Saudi crude supply fell to a 30-year low of 6 million bpd, while U.S. diesel surged above $6 a gallon for the first time as disruptions across Hormuz, the Red Sea and Russia tighten fuel markets.(*Walter Bloomberg)
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