Oil dropped on Friday

International benchmarks for oil prices weakened on Friday (16 September) despite a shutdown at a major US gasoline pipeline as market continued focusing on the state of global supply. Both Exxon Mobil and Shell have lifted force majeure on Nigerian oil exports after several months under militant attack. Meanwhile, Libya has resumed exports from previously affected main ports.

WTI closed at $43.03/barrel (-$0.88) for October delivery

Bren closed at $45.77/barrel (-$0.82) for November delivery