www.mediafax.ro/economic/petrolul-a-scazut-cu-16-i

Oil prices stabilized after a significant weekly drop, influenced by U.S. President Trump's comments on Iran negotiations. Brent crude reached $98.35 per barrel, while WTI rose to $91.30. Despite hopes for diplomatic solutions, tensions in the Persian Gulf remain high due to recent attacks near the Strait of Hormuz. Analysts caution that while Trump's tone has softened, a comprehensive agreement with Iran is still pending. Additionally, increased global supply is impacting the market, with JPMorgan reporting a surplus of 1.4 million barrels per day in October.