11 September 2025, 08:14  Oii: Brent Holds 3-Day Gain.

Brent crude oil futures hovered around $67.4 per barrel on Thursday, holding most of a three-day gain as mounting geopolitical risks stoked fears of supply disruptions. Investors awaited President Trump’s latest remarks on Russia, following his questioning of Moscow’s breach of Polish airspace, which raised concerns of possible US retaliation through tighter energy sanctions. He also recently urged the EU to impose tariffs on China and India—key buyers of Russian crude - to pressure Moscow into negotiations. The risk premium was further elevated by Middle East tensions after Israel said it had targeted Hamas leadership in Doha, though neither incident posed immediate threats to oil facilities. Further gains were tempered by signs of slowing US demand, as government data showed crude inventories rising 3.9 million barrels, well above forecasts. Still, a dovish shift in US monetary policy could provide additional support to prices, with looser policy seen as boosting growth and demand.

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