Brent holds between $114 and $117 as geopolitics keeps a floor under prices
Brent held on Tuesday in a range of $114 to $117 per barrel, while December WTI traded at $101. Talks between Iran, Saudi Arabia, Turkey and Pakistan to reduce tensions support short-term declines, but new Houthi attacks on Saudi Arabia keep attention on risk to production and transport. Goldman Sachs estimated that around $27 per barrel reflected a risk premium.
In 35 seconds
- Brent held in a range of $114 to $117 per barrel and December WTI traded at $101.
- Talks between Iran, Saudi Arabia, Turkey and Pakistan support short-term declines, while Houthi attacks keep risk to production and transport in focus.
- Goldman Sachs estimated that about $27 per barrel corresponded to a risk premium.
IASummary generated by artificial intelligence from a story by Shale24. It may contain errors: the original source prevails.




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