Brent oil price today: Brent holds above $81 as Hormuz disruption keeps traders edgy

Brent crude crept up on Wednesday, sticking just over $81 as the market weighed Gulf supply jitters against speculation of potential negotiations. By late London trade, Brent futures added 29 cents to $81.69 a barrel, swinging from $80.32 to as high as $84.47 during the session. U.S. WTI tacked on 50 cents, hitting $75.06.

NASDAQ:BOKF · NYSE:UBS · Oil Prices
Oil prices today: Brent steadies near $81 as Hormuz disruption drags on and banks flag $100 risk

Oil prices today: Brent steadies near $81 as Hormuz disruption drags on and banks flag $100 risk

Oil prices slipped back after an early jump on Wednesday, with Brent futures down 24 cents at $81.13 a barrel by 11:18 a.m. ET, and U.S. West Texas Intermediate losing 27 cents to $74.30—a 0.4% dip. Earlier, Brent had surged over $3 to reach $84.48, but news of possible intelligence talks between Iran and the U.S. wiped out much of the rally. UBS’s Giovanni Staunovo pointed out that traders appeared to be betting on “a de-escalation.” Still, Dennis Kissler at BOK Financial flagged that heavy volumes of oil lingering offshore could leave “price volatility” elevated.
4 March 2026
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Oil prices dip after surprise U.S. stock build as Brent, WTI juggle Iran talks and OPEC+ supply

Oil prices dip after surprise U.S. stock build as Brent, WTI juggle Iran talks and OPEC+ supply

Oil prices turned lower on Wednesday, pushed down after U.S. government numbers showed crude inventories jumped far more than analysts had forecast, outweighing any upside from fresh U.S.-Iran friction. Brent slipped 12 cents to $70.65 a barrel as of 11:16 a.m. ET, a 0.2% drop. U.S. West Texas Intermediate fell 26 cents, or 0.4%, trading at $65.37. “The oil market remains more influenced by other factors at present, such as geopolitical tensions in the Middle East,” UBS commodity analyst Giovanni Staunovo said.
25 February 2026
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Brent crude price today: Oil slips below $69 as Hormuz risks linger, US inventories next

Brent crude price today: Oil slips below $69 as Hormuz risks linger, US inventories next

Brent crude slipped on Tuesday, traders hesitant as potential disruptions in the Strait of Hormuz—the channel moving around 20% of the world’s oil—remained just a risk scenario. Brent futures dropped 24 cents to $68.80 a barrel as of 1002 GMT, off 0.35%. U.S. WTI lost 30 cents, landing at $64.06. “Unless there are concrete signs of supply disruptions, prices will likely start going lower,” Tamas Varga at PVM said.
10 February 2026
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Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Spot silver surged 6.3% to $75.70 an ounce on Friday, bouncing back after dipping below $65 earlier in the session. Iran’s top diplomat described nuclear talks with the U.S. in Oman as a “good start,” signaling they’d continue—supporting demand for safe-haven metals. The dollar index fell 0.2%, while spot gold gained 3.5% to $4,935.49. “What we’re seeing in silver is huge speculation on the long side,” noted Jim Wyckoff, senior analyst at Kitco Metals.
6 February 2026
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Crude oil price today: Brent dips as US-Iran Oman talks go ahead; $70 still in play

Crude oil price today: Brent dips as US-Iran Oman talks go ahead; $70 still in play

Oil prices dropped over 1% Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, easing short-term supply concerns. Brent crude futures slid 86 cents, or 1.2%, to $68.60 a barrel, while U.S. West Texas Intermediate crude fell 82 cents, or about 1.3%, to $64.32 by 10:36 GMT. UBS analyst Giovanni Staunovo said Middle East tensions remain a “strong influence” on prices. John Evans of PVM Oil Associates warned Brent could be “banging on the door of $70” if the talks fail.
5 February 2026
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Gold and silver price forecast 2026: banks stick with $6,000 gold as silver re-prices lower

Gold and silver price forecast 2026: banks stick with $6,000 gold as silver re-prices lower

Gold rebounded sharply on Tuesday and silver surged, as traders snapped up bullion after last week’s wipeout. Spot gold rose 5.3% to $4,913.59 an ounce by 1234 GMT and silver climbed 9% to $86.60; gold was bouncing from Monday’s low of $4,403.24 and remained below last week’s record $5,594.82. The U.S. Bureau of Labor Statistics said the closely watched January employment report will not be released this Friday because of a partial government shutdown.
3 February 2026
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Crude oil prices tumble 5% after Trump flags Iran talks; Brent and WTI slide from January highs

Crude oil prices tumble 5% after Trump flags Iran talks; Brent and WTI slide from January highs

Oil prices dropped about 5% on Monday after U.S. President Donald Trump said Iran was “seriously talking” with Washington, easing fears of a supply disruption from the OPEC member. By 0920 GMT, Brent crude futures slid $3.63, or 5.2%, to $65.69 a barrel, while U.S. West Texas Intermediate fell $3.60, or 5.5%, to $61.61. This decline came after January’s biggest monthly gains since 2022 — with Brent up 16% and WTI 13%. UBS analyst Giovanni Staunovo attributed the move to quieter Middle East headlines and fewer outages in the U.S. and Kazakhstan. Priyanka Sachdeva of Phillip Nova noted a “renewed strength in the U.S. dollar,” and Capital Economics said geopolitical tensions had obscured a “fundamentally bearish” oil market.
2 February 2026
Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices dropped about 5% on Monday after Donald Trump said Iran was “seriously talking” with the U.S., easing fears of supply disruptions. Brent crude futures tumbled $3.63, or 5.2%, to $65.69 a barrel by 0920 GMT. U.S. West Texas Intermediate crude dipped $3.60, or 5.5%, settling at $61.61. Giovanni Staunovo from UBS cited easing Middle East tensions and fewer disruptions in the U.S. and Kazakhstan. Meanwhile, Priyanka Sachdeva at Phillip Nova noted that renewed dollar strength “reinforced” the selloff as gold and silver prices also slid.
2 February 2026
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Gold price set for a bumpy week after historic slide from record highs

Gold price set for a bumpy week after historic slide from record highs

Gold prices head into the next session after a record plunge on Friday, with spot bullion suffering its sharpest daily drop since 1983. Spot gold tumbled 9.5% to $4,883.62 an ounce, while U.S. February futures closed down 11.4% at $4,745.10. Despite the selloff, gold remains on track for a monthly gain exceeding 13%. The slide came after Donald Trump tapped Kevin Warsh to lead the Federal Reserve and the dollar index rose 0.7%. Standard Chartered's Suki Cooper described the move as profit-taking — locking in gains — driven by shifts in the dollar and real yields, or inflation-adjusted bond returns. Nicky Shiels, strategist at MKS PAMP SA, called January “the most volatile month” in precious metals.
31 January 2026
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Silver price surges near record after $117 spike as Fed decision looms

Silver price surges near record after $117 spike as Fed decision looms

Silver prices surged on Tuesday, with spot silver climbing 8.4% to $112.57 per troy ounce by 10:12 a.m. GMT, after touching a record $117.69 the day before. Gold also gained, rising 1.6% to $5,092.09 as investors sought refuge in safe havens. “The constant back and forth on tariffs … is unlikely to curb safe-haven demand anytime soon,” said Zain Vawda, an analyst at MarketPulse by OANDA.
27 January 2026
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