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WTI falls to near $91.00 as Middle East crude exports rebound
West Texas Intermediate (WTI) oil has pared its recent gains from the previous day, trading around $91.10 per barrel during European hours on Tuesday. Crude oil prices have eased following a September rebound in exports from key Middle East producers.
Brent Oil: Higher prices to extend into 2027 – Deutsche Bank
Deutsche Bank’s Henry Allen and Jim Reid highlight that Brent Oil has surged again, with spot prices above $107 per barrel and December 2027 futures at new highs.
Indian Rupee claws back early losses and closes flat on Tuesday
The Indian Rupee (INR) recovers its early losess after sliding to a fresh two-month low against the US Dollar (USD) and closed flat on Tuesday. The USD/INR pair closes flat at around 95.98 after rectreating from the day's high of 96.13.
WTI Price Forecast: Eyes $93.00 as bulls retain control above 200-SMA support on H4
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers following the previous day's good two-way price swings and climbs to the $93.00 neighborhood during the Asian session on Tuesday.
United States Dollar Index strengthens as oil surge bolster Fed rate hike bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 101.20 during Asian hours on Tuesday.
WTI inches up above $92.00 on Qatari-mediated US-Iran talks, Saudi pipeline restart
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.
Iran’s Araghchi says if US wants deal or peace, Tehran has offered solution
Iran's Foreign Minister Abbas Araghchi said on Monday that Tehran discussed proposals with Qatari mediators that are to be put to the United States (US), IRNA reported. He added that the US response will be conveyed to Iran through the Qatari mediators.
Crude Oil round-trips between a rejected Iran plan and a sanctions offer
President Donald Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US offer of sanctions relief.
US President Trump to ease sanctions on Iran over nuclear progress
Al Jazeera reported on Monday that US President Donald Trump is prepared to ease sanctions on Iran and to unfreeze its assets in exchange for progress on nuclear talks.
Oil: Higher prices drive yields and Dollar – MUFG
Lee Hardman at MUFG highlights that Oil has been one of the biggest movers, with prices rising back towards recent highs around USD110/barrel.
WTI Oil extends gains nearing $95.00 as Trump rejects Hormuz reopening plan
Oil appreciates firmly on Monday, following US President Donald Trump's refusal of Tehran’s latest proposal to cease hostilities and reopen the Strait of Hormuz. The US benchmark West Texas Intermediate (WTI) Oil barrel is trading at $94.60 at the time of writing, up nearly 3.5% on the day so far.
Euro consolidates losses below 1.1400 amid higher Oil prices, risk-off markets
The Euro (EUR) shows marginal losses against the US Dollar (USD) on Monday, as the rejection of the latest peace proposal in the Middle East lifted Oil prices, while the high US Treasury yields amid bets of upcoming Federal Reserve (Fed) rate hikes keep supporting the Greenback.
Brent: Oil climbs on Middle East tensions – Deutsche Bank
Deutsche Bank’s Early Morning Reid highlights renewed upside in Brent Oil as US-Iran negotiations show little progress and Iran refuses to soften conditions on reopening the Strait of Hormuz.