Crude oil drops through key trendline after a major U.S. inventory build and optimism on Iran talks, challenging support levels and weighing on trader sentiment.
Oil looks like the best of the oil rally is behind us for now. Failing to stick at those recent highs has forced a bit of a reality check on market sentiment.
Oil prices slipped after Oman said talks between the U.S. and Iran were progressing, easing fears of a Middle East supply shock.
Crude oil gets walloped in early Thursday trading, as we continues to see the markets move on the latest headlines between the US and Iran.
Following last month's dramatic capture of former Venezuelan President Nicolás Maduro, the Trump Administration is now shifting into high gear to expand the footprint of Western companies in Venezuel
By the fourth quarter of 2026, Goldman Sachs believes the current geopolitical tension might have eased somewhat and they forecast $60 by year-end
Oil prices hold a $10 risk premium as Geneva diplomacy counters a massive 16M barrel inventory build. Will WTI break $70 or will supply builds cap the rally?

Dow Jones & Nasdaq 100 Slip on US-Iran Talks Risk

10:15pm, Wednesday, 25'th Feb 2026
Dow Jones and Nasdaq 100 futures slip as Middle East tensions offset Nvidia's upbeat forecast, with Fed update and jobless claims in focus.
Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U.S.-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by
Oil rose in the morning Asian session on likely position adjustments before today's U.S.-Iran talks.
Oil markets are moving lower as traders prepare for the key event of the week.
JP Morgan sees geopolitics reclaiming the driver's seat for European oil and gas equities, arguing that a higher risk premium has helped push oil prices up, and dragged energy shares higher year-to-d

U.S. Crude Oil Stockpiles Post Large Weekly Build

11:07am, Wednesday, 25'th Feb 2026
Crude oil inventories rose by 16 million barrels, posting their biggest weekly increase in three years as imports rose, exports fell and refineries cut their capacity use.
U.S. Energy Secretary Chris Wright joins ‘Mornings with Maria' to tout President Donald Trump's energy dominance agenda, defend expanded oil production and explain how new policies aim to lower elec
Crude oil markets continue to see a bit of choppy behavior, as we are threatening resistance in both grades of oil that I follow.
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