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EnergyReportedMediumDeveloping
6.1

Brent steadies near $105.9 as OPEC report and Middle East tensions support prices

Brent crude recovered from earlier losses to trade at $105.9 per barrel after the release of the OPEC monthly report and renewed concerns over Middle East supply risks. The report likely provided a demand or supply outlook that, combined with geopolitical risk premium, offset earlier negative sentiment. The market remains sensitive to OPEC guidance and regional escalation, with direction uncertain.

Interfaxabout 11 hours agoSA, IR, ILCredibility 34%View source

Score Breakdown

Mosaic Score6.1
Model confidence0.5
Significance0.5
Source credibility0.3

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