Oil prices rose at settlement at the end of today's trading, following the announcement of a decline in crude oil and gasoline inventories in the United States last week. Brent crude futures rose by 42 cents, or 0.5 %, to reach $85.08 per barrel upon settlement. US West Texas Intermediate crude futures also rose by 69 cents, or 0.85 %, to reach $82.10 per barrel upon settlement. The US Energy Information Administration announced today, Wednesday, that crude oil and gasoline inventories in the United States declined last week, while distillate products rose, explaining that crude oil inventories fell by 3.4 million barrels, reaching 445.1 million last week. Source: National Iraqi News Agency
Recent Posts
Iranian and Philippine Foreign Ministers Meet at UNGA
September 27, 2026
Araghchi Holds Talks with UN Humanitarian Chief in New York
September 27, 2026
Iran and Nicaragua Foreign Ministers Meet During UNGA
September 27, 2026
Iran Warns of Advanced Military Response to Aggression
September 27, 2026
Iranian Foreign Minister Commemorates Nasrallah’s Martyrdom Anniversary
September 27, 2026
Parliamentary Commission Finalizes Hormuz Strait Security Bill Review
September 27, 2026
Iranian Ambassador Criticizes NATO Chief’s Remarks on European Involvement
September 27, 2026
Iran Delegation to UN Has No Plans for US Talks in New York
September 27, 2026
Iran Commemorates Seyyed Hassan Nasrallah as a Model of Resistance
September 27, 2026