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Oil Set for Steepest Weekly Gain Since Mid-July over Intensifying US-Iran Tensions

Summary by WTVB
SINGAPORE, Sept 4 (Reuters) – Oil prices rose on Friday and are on track for the steepest weekly gain since mid-July as rising tensions and renewed U.S.-Iran ​hostilities heightened concerns over Middle East supply risks. Brent crude ‌futures rose 15 cents, or 0.2%, to $95.67 a barrel at 0100 GMT, while U.S. West Texas Intermediate crude futures were up 26 cents, or 0.3%, at $91.56. On a weekly basis, Brent rose 7.1% and WTI was ‌9.8% ​higher, s…

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Oil prices are up today, recording their biggest weekly gain since mid-July. Brent futures rose 15 cents, or 0.2%, to $95.67 a barrel. West Texas Intermediate (WTI) also rose 26 cents, or 0.3%, to $91.56 a barrel. The rise in prices comes as renewed hostilities between the United States and Iran heighten concerns about potential risks to oil supplies from the Middle East, according to Reuters. Read more at iefimerida.gr Oil prices are up today, …

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Values continue on the way to the biggest weekly increase since mid-July, with Brent's bartyl recording a rise of about 15 cents. Still, start this Friday The Feast of the Avante!

·Lisboa, Portugal
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Live Mint broke the news in New Delhi, India on Thursday, September 3, 2026.
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