Brent oil exceeds $108, then drops below $98
On September 21, the price of Brent crude oil fell to $101.21 per barrel amid expectations of US-Iran negotiations, according to infox.ru.
Consensus
- Brent crude oil prices experienced significant volatility on September 21.
- Prices were influenced by geopolitical developments involving Iran and the United States.
- Market speculation about potential U.S.-Iran negotiations affected oil prices.
- Futures on Brent and WTI crude were traded on the ICE exchange.
Points of divergence
- Brent crude reached $108.03 per barrel at 18:30 MSK, the highest level since September 16, with a 4.8% increase. — kommersant
- Brent crude fell below $98 per barrel for the first time since September 8, reaching a low of $97.44. — vedomosti
- Brent crude dropped to $101.21 per barrel, the lowest in one and a half weeks, due to expectations of U.S.-Iran talks. — riamo
- Saudi Arabia resumed operations on its East-West pipeline and may restart exports from Yanbu port. — vedomosti
- Iran may reopen the Strait of Hormuz within seven days if the U.S. eases military pressure and lifts port blockades. — vedomosti
- Iranian officials suggest negotiations on ending hostilities with the U.S. could be held in New York via UN intermediaries. — vedomosti
- Donald Trump indicated openness to talks with Iranian President Masud Pezeshkian, who is expected to attend the UN General Assembly in New York. — riamo
Coverage (6 sources)
- Brent oil price exceeded $108 per barrel for the first time since September 16 — Коммерсантъ
- Brent oil price exceeded $103 — Коммерсантъ
- Brent oil price fell below $98 per barrel — Ведомости
- Brent oil price fell below $98 for the first time since early September — Коммерсантъ
- Brent oil price fell below $100 per barrel — Ведомости
- Oil Brent fell to a low in a week and a half — РИАМО