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Oil Prices Rise as Markets Await US-Iran Talks

Guavy AI Editorial Team Published September 22, 2026

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Oil

Oil prices rose on Tuesday after several days of declines, as investors awaited developments in possible US-Iran talks.

The Brent crude futures for November delivery increased by 22 cents, or 0.22%, to $100.57 a barrel.

US West Texas Intermediate (WTI) crude futures for October delivery gained 2 cents, or 0.02%, to $95.80 a barrel.

Tim Waterer, chief market analyst at KCM Trade, attributed the rise in WTI and strong opening for Brent to short-covering following recent declines.

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