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

Oil Prices Soar to $99 Amid Middle East Tensions

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices surged to $99.18 per barrel on Wednesday, sparking concerns among market participants and causing Wall Street futures to dip.

The spike in Brent crude follows renewed hostilities in the Middle East, which has contributed to increased expectations of a new all-time high for crude oil prices.

Market data suggests that there is a 10.5% chance of crude oil reaching a new record by December 31 and a 1.2% chance by September 30.

More on Commodities

Commodities just now

Iran's Gulf Warning Triggers Rotation into 5 Key Stocks

Commodities just now

Williams Outperforms Occidental Petroleum in Midstream Pipeline Sector

Commodities 1m ago

Houthi Attacks Push Oil Prices Near $100

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