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

Oil Prices Edge Up on Stalled Iran Talks and Declining US Inventories

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices edged up on Wednesday as US-Iran negotiations remained deadlocked and American petroleum product inventories fell.

The Brent crude for November delivery settled at $103.53 a barrel on the ICE Futures Exchange, up $0.94 (0.92 percent) from the previous session.

West Texas Intermediate (WTI) for November delivery closed at $90.42 a barrel on the New York Mercantile Exchange, up $1.04 (1.16 percent).

The prices came under upward pressure as US-Iran talks failed to break through an impasse, with President Donald Trump denying a report that the United States was considering easing sanctions and releasing frozen Iranian funds in exchange for concrete steps by Iran on its nuclear program.

More on Commodities

Commodities just now

Stalled US-Iran Talks Send Brent Crude Prices Soaring Past $100

Commodities just now

EWRC Approves Six Per Cent Gas Price Hike for Bulgaria

Commodities 1m ago

Gas Prices Sink as Sellers Push Below $3.00

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