Energy Preview: WTI futures bounce above $90 per barrel

Crude oil prices reversed their recent downtrend as a recovery from a two-month low mark extended. WTI crude oil moved above $90 per barrel today. Attacks on tankers in the Gulf are still continuing and oil market is being dominated by supply worries. Saudi Arabia, the world's biggest oil exporter, issued alerts on Thursday warning of potential danger in Yanbu, its Red Sea oil export hub, as Yemen's Iran-aligned Houthis continued attacks on the kingdom in ​another front of the Iran war, media reports stated.

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