Traders Place Record Bets Against Oil: Could Prices Fall to $70?
Traders bought a record 764,000 Brent put options, with some bets paying only if oil falls to $70 by December.
BeInCrypto•Lockridge Okoth59m agoBrent
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Brent crude falls below $99 amid US-Iran talks, Saudi pipeline restart hopes
The easing geopolitical tensions and potential supply increases may stabilize oil prices, reducing the likelihood of significant price spikes.
CryptoBriefing•Estefano Gomez3h ago- neutral toward Brent · 94%
Iran denies dropping preconditions amid ‘very productive’ three-hour UN talks in New York
Trump says further talks possible as barrel of Brent crude falls to below $100 for first time in two weeks Iran has pushed back on claims that it dropped former preconditions for reopening the strait of Hormuz in surprise talks held in New York under the mediation of Qatar between Tehran’s foreign minister, Abbas Araghchi, and Donald Trump’s envoys Steve Witkoff and Jared Kushner. Trump said the three-hour talks held in a room at the UN headquarters had gone very well and been very productive. He suggested further talks were possible imminently, which led to the price of a barrel of Brent crude to fall to below $100 (£75) for the first time in two weeks. Witkoff said the talks had been “encouraging, constructive and successful”. Continue reading...
The Guardian•Patrick Wintour in New York4h ago
Bitcoin consolidates near $86,000 as rally narrows and Brent slips below $100
CoinDesk•Omkar Godbole4h ago- neutral toward Brent · 99%
Brent crude falls for sixth day amid Iran-US optimism
The sustained decline in Brent crude prices may signal a shift in market expectations, impacting global economic and geopolitical strategies.
CryptoBriefing•Estefano Gomez5h ago- neutral toward Brent · 99%
Oil falls below $100 after Trump reports talks with Iran
Brent crude fell in early Asian trading after Donald Trump said US and Iranian representatives had held what he called “very productive” talks. Reports that Saudi Arabia is restarting a key oil pipeline also weighed on prices.
Euronews9h agoE
Oil falls below $100 after Trump reports talks with Iran
Brent crude fell on Wednesday morning after Donald Trump said US and Iranian representatives had held what he called “very productive” talks. Reports that Saudi Arabia is restarting a key oil pipeline also weighed on prices.
Euronews9h ago
Oil price on track for longest losing streak in more than 12 months
Brent crude falls below $99 a barrel in Asian trading amid talks over Middle East conflict
Brent crude prices expected to drop as supply disruptions ease: Bloomberg
Easing supply disruptions may stabilize global oil markets, reducing the likelihood of price spikes and influencing future energy policies.
CryptoBriefing•Estefano Gomez18h ago- neutral toward Bloomberg · 98%
Bank of America warns Iran conflict may push Brent crude above $150
Rising oil prices due to geopolitical tensions could strain global economies, impacting inflation and energy policies worldwide.
CryptoBriefing•Estefano Gomez19h ago- neutral toward Brent · 99%
Saudi Arabia Restarts East-West Oil Pipeline
Saudi Arabia has restarted its East-West oil pipeline, restoring at least some flow through the 4-million-barrel-per-day route that had become the kingdom’s main escape hatch around the Strait of Hormuz. The pipeline is running at a low rate for now, according to Reuters sources, with Aramco working to return flows to roughly 4 million bpd. A full restart could still take weeks. One cargo was scheduled to load at the Red Sea port of Yanbu Tuesday for China. Oil traders didn’t wait for full capacity. Brent saw a temporary dip of more…
Oil could top $150 a barrel if supplies further tighten, Bank of America warns
If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barrel, strategists at the bank said.
Bank of America raises Brent oil forecast to $95 on Middle East tensions
Rising oil prices due to Middle East tensions could strain global economies, increase inflation, and impact energy-dependent industries.
CryptoBriefing•Estefano Gomez22 Sept- neutral toward Bank of America · 98%
Brent oil drops below $100 as Iran offers to reopen Strait of Hormuz
Iran's offer could stabilize oil prices, impacting global markets and geopolitical dynamics, while reducing the likelihood of price surges.
CryptoBriefing•Estefano Gomez22 Sept- neutral toward Brent · 96%
Oil Prices Reverse Course as Traders Watch US-Iran Diplomacy
Crude oil prices, which had been falling since last week, today reversed course and made gains ahead of a UN General Assembly session that many hope will yield some progress on peace talks between the U.S. and Iran. As indicated by the latest oil price move, not everyone shares that hope, with Brent crude trading at 101.69 per barrel at the time of writing, and West Texas Intermediate at $93.38 per barrel. However, some observers see oil’s change of direction differently. “The move higher in WTI and the stronger open in Brent have the…
Slide in oil prices drives rebound in battered government bonds
Brent crude falls to $101.19 amid speculation that Donald Trump could meet Iranian president this week, lifting French and Italian debt
Oil Prices Slide as Traders Bet on Iran Diplomacy
Crude oil prices started the week with a slide, moving down to the lowest in a week on renewed hopes about a diplomatic resolution of the war in the Middle East, despite the absence of any evidence that there is willingness for negotiations on either side. At the time of writing, Brent crude was trading at $102.05 per barrel, and West Texas Intermediate was changing hands for $98.50 per barrel, as traders pinned their hopes on a UN meeting this week, despite the fact that Washington and Tehran traded fresh threats this weekend. The U.S. president…
Fuel Shortages Hit 5 Countries on Day 203 of the Iran War: Full List
It’s day 203 of the Iran war. And, at least five countries are rationing fuel or reporting empty pumps as of September 19. Brent crude traded at nearly $110 this month, its strongest level since spring. The Strait of Hormuz has been largely shut since Iran retaliated for US and Israeli strikes on February 28.
BeInCrypto•Harsh Notariya19 SeptO
Saudi Export Pivot Sends Brent Below $105
Saudi Aramco shifts crude exports to the Persian Gulf, easing supply fears and pushing Brent below $105. Friday, September 18, 2026 Last week’s market panic about the 7 million b/d East-West pipeline remaining offline for weeks gave way to a slightly more nuanced outlook this week, with Saudi Aramco re-orienting all its loadings to the Persian Gulf. Whilst flows from Ras Tanura still carry the risk of potential Iranian drone strikes in the Strait, the fact that Saudi Aramco keeps on offering crude to Asian buyers (in contrast to its Europeans…
Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live
Rolling coverage of the latest economic and financial news The oil price has dropped by 2% this morning, pushed down by hopes that supply disruptions from Saudi Arabia may not be as severe as feared. Brent crude has dropped to $102.55 a barrel, following reports that Saudi authorities hope to bypass a damaged section of its 1,200-km East-West Pipeline and restore roughly half its capacity within days. Continue reading...
The Guardian•Graeme Wearden18 Sept