Oil prices have risen but remain below $100 per barrel, awaiting the US-Iran negotiations this weekend

By: rootdata|2026/04/10 15:42:00
0
Share
copy

Ahead of the negotiations between the U.S. and Iran this weekend, oil prices have risen but remain below $100 per barrel. Emmanuel Belostreino, head of global crude oil and geopolitical market data at Kpler, stated, "The outcome of the negotiations, especially whether a viable shipping navigation agreement can be formed, is a key variable in determining whether the current backlog situation can begin to ease."

In early European trading, both WTI and Brent crude oil continued to rise, currently reported at $99.7 per barrel and $97.6 per barrel, respectively. Navigation in the Strait of Hormuz remains largely frozen, and supply disruptions keep the market tense. Iran's attacks on Saudi Arabia's main export route (the East-West pipeline) have resulted in a daily reduction of approximately 700,000 barrels in the pipeline's delivery capacity.

You may also like

The bear market has arrived, and cryptocurrency ETF issuers are also getting involved

Today's listing of MSBT is the latest landmark in this restructuring, with the influx of institutions accelerating the embrace of cryptocurrencies by traditional finance, but also diluting the liquidity of the native market.

The richest man had a quarrel with his former boss

It has become a huge uproar, as several top figures in the Chinese cryptocurrency circle have engaged in intense verbal battles and confrontations in the past 24 hours.

BTC Firm Above 70K! Saylor’s "Institutional Logic" vs. Moon’s "Retail Faith": Who is Really Harvesting the Market?

Bitcoin is holding firm above the $70,000 support level following a massive short squeeze that liquidated $427 million. As the "Four-Year Cycle" narrative shifts, the market is split: Michael Saylor’s cold, institutional "indiscriminate stacking" vs. Carl Moon’s high-energy retail "hopium." This article decodes these two polar-opposite strategies for the 2026 bull run and reveals how WEEX’s institutional-grade liquidity and AI trading tools empower every type of investor to convert market volatility into profit.

The Girl Who Created the SBTI Test: A Story of a Doomed Cyber Love, an E-Widow Ratfolk

The usefulness of the useless is the highest usefulness.

B.AI Officially Launched: Building AI Agent Financial Bedrock Platform, Driving AGI Era Business Underlying Logic

B.AI has built a complete ecosystem from the AI Service Gateway to the AI Agent Financial Base: The LLM permissionless gateway integrates top global models and a unified API in one stop; The AI Agent infrastructure, through protocols such as x402 and 8004, empowers the AI Agent with an independent wallet and autonomous transactions.

B.AI Officially Launched: Breaking Down A2A Collaboration Barriers to Unlock the Smart Body Economy's Full Potential

With its Multi-Model Intelligent Routing breaking the compute bottleneck on one hand, and the integration of x402, 8004, Skills, and BAIClaw on the other hand, B.AI has seamlessly connected the full-stack business loop of AI Agents from large-scale intelligent scheduling to financial operational capability, accelerating the arrival of the AGI era.

Popular coins

Latest Crypto News

Read more