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LSE:ROSN 3 February 2026

Crude oil price today: Brent steadies near $66 after a 4% slide as Iran talks loom

Crude oil price today: Brent steadies near $66 after a 4% slide as Iran talks loom

Oil prices found some footing on Tuesday after tumbling sharply the day before. Traders eased up on geopolitical jitters, refocusing on supply concerns and the strength of the dollar. By 1048 GMT, Brent crude futures inched up 7 cents to $66.37 a barrel. U.S. West Texas Intermediate climbed 13 cents to $62.27. Both benchmarks had earlier slipped to one-week lows—Brent at $65.19, WTI at $61.12.
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