U.S. oil rigs edged up by 1 to 456 even as the total oil-and-gas count fell to 598, Baker Hughes said. Crude output hit 13.955 million bpd, while Brent slipped to $101.10 on Europe's reserve release. #Oil#Drilling#WTI#Brent#Energy
November WTI traded at $93.00, up 0.61% on the week within an $88.58-$96.54 range, as improving Gulf supply collided with reports of a third U.S. carrier strike group heading to the Middle East. #WTI#Oil#Crude#OOTT#Hormuz
U.S. oil and gas output rose again in Q3, but price volatility is clouding the outlook. Dallas Fed respondents see WTI ending 2026 at $88 on average, with individual forecasts ranging from $70 to $126. #Oil#WTI#Permian#Energy
Analysts raised their 2026 Brent forecast to $89.05 from $85.08 a month ago as hopes fade for a quick Hormuz recovery. WTI is now forecast at $83.90, with many expecting tight oil markets through 2026. #Oil#Brent#WTI#Hormuz
Oil is set for a 2% weekly gain, but WTI is heading for a 7% drop as freight costs and diesel export-ban fears weigh on U.S. crude. WTI now trades $12 below Brent as markets fear U.S. refiners could cut runs. #Oil#WTI#Brent#Diesel
