Oil Holds Steady as Markets Weigh U.S.–Iran Talks and OPEC+ Supply Outlook

Oil – Brent Crude prices were broadly unchanged on Monday as markets assessed the potential impact of upcoming U.S.–Iran nuclear discussions alongside expectations for additional OPEC+ supply. Brent futures hovered near $67.78 per barrel, while Oil – US Crude (WTI) traded around $62.91, suggesting traders are cautious but not yet pricing in major supply shocks.

Over the past month, WTI has advanced about 5.84% and Brent by roughly 5.88%, reflecting steady bullish momentum supported by demand recovery and disciplined output management. On a 1-day view, both Brent and WTI show a Buy and Buy signal, respectively, indicating short-term technical strength despite headline risk around geopolitical talks and future OPEC+ supply decisions. Investors can explore more updates, prices, and analysis across global markets at Commodities.