Oil prices slide $5 as Saudi denies Ras Tanura damage

Brent crude gave back about $5 in Thursday trading, falling to around $110.17, after Saudi Arabia's Energy Ministry issued the day-2 official correction on Ras Tanura: the refinery was the target of an attempted drone attack, with no damage recorded and no disruption to supplies. In under a session, the market unpriced most of a geopolitical premium it had added on an unconfirmed strike claim, and the reversal is a clean lesson in how fast single-source headlines come out of a barrel. Key Takeaways Brent December futures traded near $110.17 in Thursday trading, down about $5 from Wednesday's $115.32 close, on the Saudi Energy Ministry's official denial. Saudi Arabia says Ras Tanura suffered…