Oil Prices Rise to $106 per Barrel

Tuesday, September 29, 2026

SAEDNEWS: Brent crude futures increased by 63 cents, or 0.6%, to $105.91 per barrel as of 00:30 GMT, marking a second consecutive session of gains.

Oil Prices Rise to $106 per Barrel

According to Saednews, US West Texas Intermediate (WTI) crude oil rose by 72 cents, or 0.8 percent, to trade at $93.32 per barrel.

The increase came as ongoing concerns about potential disruptions to oil supplies from the Middle East, linked to the US war with Iran, outweighed signs that crude exports from the region were beginning to recover, Reuters reported.