Economics ❯ Market Analysis ❯ Commodity Prices ❯ Oil Prices

Brent and WTI

Brent Tops $70 as U.S.–Iran Tensions Deliver Biggest Monthly Gain in Years

Major forecasts point to limited action that raises volatility without causing a prolonged supply shock.

Oil Hits Five-Month Lows as IEA Flags 2026 Glut and OPEC+ Lifts Output

Oil Prices Climb as Alberta Wildfires and Geopolitical Risks Offset OPEC+ Production Hikes