Brent nears $100 in Asia after CENTCOM tanker strikes: Reuters $99.33, CNBC $99.44, BBC $99.35. WTI stamp split — wire mid-$94s vs a separate Asia page near $92.50 — each quoted, not averaged.
Oil prices rose in early Wednesday trade after renewed Middle East strikes raised supply-disruption worries, with Brent futures approaching the $100 mark on several wires.
Reuters (NEW DELHI, Sept 9; Sethuraman NR / Georgina McCartney): Brent crude futures rose 1.4% to $99.33 a barrel by 0212 GMT, while U.S. West Texas Intermediate crude was at $94.34 a barrel, up 1.4%.
CNBC: West Texas Intermediate futures for October delivery jumped 1.75% to $94.66 a barrel; Brent added 1.55% to $99.44 a barrel.
BBC (Claire Keenan): Oil prices rose in Asia trading — benchmark Brent crude was up 1.5% at $99.35 a barrel, while US-traded oil was 1.3% higher at $94.23.
A separate Asia page stamps West Texas Intermediate touching a fresh three-month top around the $92.50 area during the Asian session on Wednesday, though it lacks follow-through, and frames WTI easing from that top and slipping below $92. Those WTI prints are quoted separately from the mid-$94 wire stamps above — not averaged.
The same session sits on U.S. strikes on Iranian oil tankers and Iran’s missile response toward a U.S. base in Jordan — already live as CENTCOM five carriers. The same Asia page also stamps Rezaei preparing to enforce a full blockade around Hormuz in response to economic sanctions — attributed color only. Tuesday’s Saudi energy halt / Brent ~$98 and WTI above $92 EU are prior oil tapes.
Also see: USD/INR Extends Decline, Marginally Above 95.00 as Oil Surges on US–Iran Tit-for-Tat.
Also see: Iraq Seeks Significant OPEC+ Output-Quota Increase From a 6M b/d Baseline in Capacity Audit.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
No comments yet. Be the first to share your view.
Iraq seeks a significant OPEC+ output-quota increase from a 6 million b/d baseline in the capacity audit. Current ceiling 4.431M b/d; IEA sustainable capacity ~4.9M; August pump ~2.98M.
Trump orders import bans on Canadian alcohol, dairy and motorbikes from Sep 29 as Ottawa’s counter-tariffs hit. BBC stamps mopeds among full bans; a secondary write-up says motor vehicles. USD/CAD near 1.3780.
CENTCOM destroys five IRGC crude carriers after missile attacks on a U.S. warship. Oil briefly hit $99.46; Iran fired on U.S. forces in Jordan. IRGC destroyer-damage claims remain unverified.