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УНН Economy ✎ Brent fell to $96.92, while WTI dropped to $89.18 per barrel. Exports from the Persian Gulf are recovering, while U.S. inventories have increased.
Analysts have raised their 2026 oil price forecasts as prolonged disruption in the Gulf keeps supply risks elevated despite recovering exports.
WTI and Brent bounce from their 50-day averages, with $95 and $100 emerging as key resistance levels.