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Brent Crude holds above $82 as OPEC+ maintains production discipline EIA reports US crude inventories draw of 3.2M barrels Permian Basin operators report record Q2 output exceeding 6.2M bpd Brent Crude holds above $82 as OPEC+ maintains production discipline EIA reports US crude inventories draw of 3.2M barrels Permian Basin operators report record Q2 output exceeding 6.2M bpd

Markets

Brent Oil Hits $110 as Supply Risks Mount

Rigzone Latest | October 16, 2026 · 1 min read

Oil prices surged as traders weighed rising Middle East tensions and supply risks.

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