Monday, August 10, 2026
oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Oil Trims Loss as Key U.S. Midwest Pipeline Seen Nearing Restart

From Bloomberg Ozark pipeline out of Cushing storage hub was shut last week, futures still down on talk of China rare-earths restrictions Oil pared losses after hitting the lowest level since March as a pipeline that drains crude from the key Cushing, Oklahoma, supply hub was said to be ready to restart Thursday. Futures closed the trading session down 0.6%