Oil prices eased after VP JD Vance reached out to Iran's Mohsen Rezaei to restart peace talks. Brent traded at $114.14 and WTI at $101.45, down from Wednesday but still well above early October levels. #Oil#OilPrice#Brent#Iran
UBS raised its Brent forecast for the second time this month and now sees $110 a barrel at end-2026, up from $100, as Gulf crude loadings stay below prewar levels and Hormuz ship attacks lift freight and insurance costs. #OilPrice#Brent#UBS#Oil
Oil climbed in early Asian trade as renewed Houthi attacks on Saudi Arabia revived supply fears. Brent rose 1.62% to $115.70 and WTI 1.34% to $101.20, after a nearly $2 drop Tuesday on hopes for peace talks. #OilPrices#Brent#Houthis#Saudi
Oil markets are counting down to the Nov. 3 US midterms, expecting new Iran hostilities after the vote. Qatar and Pakistan are trying to mediate, capping Brent near $115 for now as Saudi-Houthi fighting escalates. #OilPrice#Brent#Iran#Hormuz