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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 Rises as US Targets Iran's Economy

Rigzone Latest | August 21, 2026 · 1 min read

Crude extended its rally as Asian demand strengthened while the Iran conflict continued to constrain global supplies.

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