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Brent crude exceeds 100 dollars as markets lock in on critical OPEC+ meeting on October 4
While diminishing hopes for a ceasefire between the US and Iran and the rejection of a peace proposal drive up oil prices, global markets monitor the upcoming moves of the OPEC+ group.
World
Energy
News
Economy
Crisis in the Global Oil Market: As Inventories Melt Away, Diesel Suffers the Most
According to the International Energy Agency's September 2026 report, production losses in the Middle East and Brent crude surpassing $113 have caused a major squeeze in the markets, while global inventories have dropped by 507 million barrels.
Energy
News
Oil prices above $100 for the first time since mid-May
As a result of escalating supply concerns and conflicts in the Middle East, oil prices are heading toward closing the week above $100 for the first time since mid-May, while diesel prices in the US have also broken records.
World
Energy
News
Economy











