- September 9, 2026
- Posted by: Tresmark
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Oil prices extended their gains for a fourth consecutive session on Wednesday, rising more than $1 in early trading as renewed strikes across the Middle East heightened concerns over potential disruptions to global crude supplies.
Brent crude futures climbed 1.4% to $99.33 per barrel by 0212 GMT, bringing prices closer to the key $100-a-barrel level.
U.S. West Texas Intermediate (WTI) crude also gained 1.4%, trading at $94.34 per barrel.
The latest increase reflects growing market concerns that escalating regional tensions could threaten oil production and transportation, potentially tightening global supply.
