Various-Oil Prices/Middle East

Oil prices fall for 4th consecutive trading day on easing Middle East tensions

  • English
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  • ID : 8500266
  • Dateline : Sept 21, 2026/File
  • Location : Various
  • Category : Markets,Restrictions
  • Duration : 1'16
  • Audio Language : Nats/Part Mute
  • Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : See shotlist
  • Published : 2026-09-22 08:55
  • Last Modified : 2026-09-22 10:35:56
  • Version : 3

Various-Oil Prices/Middle East

Oil prices fall for 4th consecutive trading day on easing Middle East tensions

Dateline : Sept 21, 2026/File

Location : Various

Duration : 1'16

  • English


Various - Sept 21, 2026 (CCTV Video News Agency - No access Chinese mainland)
1. Graphic showing changes of oil futures prices

Bandar Abbas, Iran - Sept 8, 2026 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
2. Vessels offshore

Strait of Hormuz - Sept 8, 2026 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
3. Various of vessels anchored at sea; waves

FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
4. Various of oil field facilities, pipelines, associated gas flame

FILE: Kuwait - Aug 7, 2017 (CCTV - No access Chinese mainland)
5. Various of oil drilling rig in operation

FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland)
6. Various of workers at oil refinery

FILE: Kurdistan Region, Iraq - July 2016 (CCTV - No access Chinese mainland)
7. Various of oil refinery


International oil prices fell for the fourth consecutive trading day on Monday as market concerns over tensions in the Middle East continue to wane, easing worries on global energy supplies.

The West Texas Intermediate for October delivery lost 4.52 U.S. dollars, or 4.51 percent, to settle at 95.78 dollars a barrel on the New York Mercantile Exchange.

Brent crude for November delivery dropped 3.53 dollars, or 3.4 percent, to settle at 100.34 dollars a barrel on the London ICE Futures Exchange.

On Sunday, U.S. President Donald Trump said in a phone interview that Washington is in "constant communication" with Yemen's Houthi group, which has agreed not to fight the United States.

Trump also said that that he would "probably be open" to meeting Iranian President Masoud Pezeshkian on the sidelines of the United Nations General Assembly in New York this week.

Ryan McKay, director of commodity strategy at TD Securities, noted that exports through the Strait of Hormuz have steadily risen with flows from the broader Middle East reaching about 80 percent of pre-war levels.

Without a major escalation, "Iran may have lost notable leverage in the Strait", said McKay.

But the security situation in the region remains volatile and prone to sudden escalation. The oil market "is grappling with multiple near-term drivers that have been a tug of war for prices," he said.

Meanwhile, Saudi Arabia's East-West Pipeline is expected to partially resume operations in the coming days.

The Saudi Ministry of Energy previously announced that the vital pipeline, which carries crude oil from its eastern fields to the Red Sea port of Yanbu, bypassing the Strait of Hormuz, was preemptively shut down after facing multiple attacks in the Riyadh and Medina regions.

ID : 8500266

Published : 2026-09-22 08:55

Last Modified : 2026-09-22 10:35:56

Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : See shotlist

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