Home Iraqi News Oil maintains its gains as geopolitical tensions persist.

Oil maintains its gains as geopolitical tensions persist.

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Oil maintains its gains as geopolitical tensions persist.
Oil maintains its gains as geopolitical tensions persist.

Oil prices stayed relatively stable Wednesday as markets continued to weigh supply concerns and geopolitical tensions.

Brent crude traded around $100 per barrel, while West Texas Intermediate (WTI) hovered near $95, with only modest moves during trading.

Prices have remained elevated as traders keep watching risks tied to possible supply disruptions, especially in the Middle East.

Analysts say occasional profit-taking has created some pressure, but broader supply concerns are helping keep oil prices supported.