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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

Technology

Oil Rallies on Fresh US-Iran Fighting

Rigzone Latest | August 31, 2026 · 1 min read

Oil rose sharply as renewed US-Iran fighting heightened concerns about shipping through the Strait of Hormuz.

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