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Oil holds near three-week high as Brent tops $91 a barrel

Oil prices eased but remained near a three-week high on uncertainty over geopolitical developments.

Ajel News2 hours ago · 1 min read
Oil pump jacks with rising price chart in background

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AI

Oil pared earlier gains but remained at its highest level in three weeks on Tuesday, amid ongoing uncertainty over geopolitical developments.

Brent crude futures rose 18 cents, or 0.2%, to $91.20 a barrel, while US West Texas Intermediate (WTI) futures gained 16 cents, or 0.19%, to $85.10 a barrel.

Brent reached its highest level since July 30, while WTI earlier touched its highest since July 31 before both benchmarks eased back.

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