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Hydrocarbon: oil remains stable

16/02/2026
Source : ORISHAS FINANCE
Categories: Raw materials

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The market tanker stayed almost unchanged on Monday. Les investors are evaluating the implications of the upcoming negotiations between United States and Iran aimed at defusing tensions in a context expected increase in OPEC+ supply.

The price of Brent crude oil rose slightly by 3 cents to reach $67.78 per barrel at 03:58 GMT.

The American Crude Oil Price West Texas Intermediate was $62.91 per barrel, up 2 cents.

There will be no WTI settlement on Monday due to of a holiday in the United States.

Last week, the two reference indexes recorded weekly declines, Brent falling by around 0.5% and the WTI losing 1% after comments from US President Donald Trump, according to which Washington could conclude an agreement with Tehran over the next month, have caused prices to fall Thursday.

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