WTI slides 4.42% to a four-month low as Persian Gulf supplies accelerate

Crude and fuel futures fell as crude exports from the Persian Gulf accelerated, with 13 million bbl leaving the region over the three days through Wednesday. Saudi ships heading to the Ras Tanura terminal signaled exports could restart from within the Persian Gulf, while the IEA cut its 2026 global oil-demand outlook to a decline of 1.1 million bpd. Goldman Sachs lowered its Q4 Brent forecast to $80 a barrel from $90, as WTI fell 4.42% and RBOB gasoline dropped 3.48%.