Saudi Arabia restarts East-West oil pipeline, sources say

Saudi Arabia ‌has restarted operations at its East-West Pipeline and could resume exports from the Red Sea port of Yanbu later on Tuesday, three sources briefed on the matter said, as signs mounted of an increase in Middle Eastern oil flows. The resumption of supplies on Tuesday helped ​to drive selling on global oil markets. Global oil benchmark Brent crude fell by more than $2 a ​barrel towards $97, its lowest since September 8.