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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

Oil Hits Three-Week High on Iran Standoff

Rigzone Latest | August 18, 2026 · 1 min read

Crude gained as Hormuz tensions, tanker threats and tight fuel markets supported prices.

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