Oil Prices Hold Steady as Markets Watch Global Tensions
Oil prices ended the week relatively stable, even as markets continue watching geopolitical tensions and possible supply risks.
Brent crude held above $105 per barrel, closing around $105.33, while West Texas Intermediate (WTI) was near $94.40.
Reports also showed the OPEC basket reached about $106.28 per barrel, reflecting strong weekly gains as concerns remain over supply disruptions in key shipping routes.
Analysts say the oil market has moved into a phase of cautious stability, with traders waiting to see how international talks develop and whether global shipping risks ease, especially as seasonal demand starts rising.
