Europe will release 42M barrels of emergency oil stocks over the next three months, half of it diesel, to cut fuel prices before winter. France expects pump prices to fall 12-18 cents per liter as soon as next week. #OilPrice#Diesel#Europe#IEA
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
Standard Chartered says a Gulf peace deal could trim oil's risk premium, but prices stay high until shipping lanes are secure. Refilling emergency stocks, with the U.S. SPR at 282.7M barrels, a 1982 low, adds demand. #Oil#OilPrice#SPR#Crude
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
Americans are absorbing the biggest share of war-driven fuel inflation, per CREA: $160 billion of a $468 billion global total, or $471 per person vs. a $60 global average. Oil-burning cars are blamed. #OilPrice#Gasoline#Energy#Iran
