US EditionOil Prices Head Back Toward $100 on Ceasefire Skepticism
10 Articles
10 Articles
Oil price surges back above $100 mark as supply concerns outweigh Iran ceasefire
Oil prices surged back above $100 a barrel as market sentiment shifted from de-escalation optimism to caution. Despite a US-Iran ceasefire, shipping through the Strait of Hormuz remains subdued due to ongoing security concerns and uncertainty, keeping supply risks elevated and prices volatile.
Ole Hansen, Head of Commodity Strategy at Saxo Bank: Market Recovers as Positions Are Exposed to Supply Constraints. Dubai, April 10, 2026. Crude oil prices rebounded sharply after suffering their biggest daily loss since April 2020, with Brent crude retesting resistance levels below $100. While the announcement of a ceasefire between the US and Iran initially led to a rapid easing of the geopolitical risk premium and a liquidation of long posit…
Brent Crude Oil Nears $100 Amid Middle East Tensions And Supply Constraints
Brent crude oil advanced toward the $100 per barrel threshold on Friday as escalating tensions in the Middle East and ongoing supply disruptions tightened market conditions and reinforced bullish sentiment. The latest rally reflects mounting concerns over the security of key energy infrastructure and shipping routes, particularly around the Strait of Hormuz, a critical artery […] The post Brent Crude Oil Nears $100 Amid Middle East Tensions and …
The oil market closed the day with moderate advances, although below the peaks achieved during the morning, in a session marked by high volatility and persistent geopolitical tensions in the Middle East. See more: Oil again exceeds US$100 in the face of doubts about the reopening of the Strait of OrmuzThe oil prices reached the threshold of US$100 per barrel in the early hours of the day, but lost momentum towards closure as investors assimilate…
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