Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Oil Market Ends Volatile Week Mixed as Emergency Reserve Release Offers Relief

Guavy AI Editorial Team
Instruments
Oil
Share

The oil market ended a volatile week mixed, with WTI crude settling at $91.11 per barrel, down 1.90% from Thursday's $92.87 settlement. Brent crude, however, remained resilient, closing at $102.25, only 0.06% lower than Thursday's $102.31.

The emergency reserve release announced by European governments and the G7/IEA plan to release 100 million barrels of diesel and other emergency stocks helped alleviate some pressure in the market that had surged on Thursday due to China's fuel-export suspension and renewed U.S.-Iran military concerns.

The Brent-WTI spread finished at approximately $11.14 per barrel, with Brent holding its premium over WTI.

More on Commodities

Commodities just now

Saudi Arabia Prepares Military Offensive Against Houthi-Controlled Bab el-Mandeb

Commodities 1m ago

Saudi Arabia Prepares to Launch Military Operation Against Houthi Rebels

Commodities 2m ago

JERA Sees LNG Prices Firm as Qatar Repairs Drag On

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy