Brent Oil Surges Past $105 on Renewed Iran Strike Fears
Brent crude jumped nearly 5% to about $105 per barrel on reports of renewed US strikes on Iran, reversing earlier declines.
27 min ago12 min read
Private oil inventory survey reveals crude build, defying draw forecasts
A private survey shows an unexpected crude oil build, contrary to the expected draw.
29/09/2026 20:512 min read
Further details are pending.
According to the data I had reviewed, the headline figure was anticipated to show a decrease of 1.14 million barrels.
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In a separate development reported by Bloomberg, the United States is making up to 40 million barrels of crude oil available from the Strategic Petroleum Reserve, with bids required by October 6. This represents the final portion remaining from the initial March announcement of approximately 172 million barrels.
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