ET 05:00

Oil Gains On US-Iran Tensions; WTI +0.3% at $82.10 (02-10)

Crude oil extended gains in choppy trading on February 10 as geopolitical risks from US-Iran tensions heightened oil price sensitivity. West Texas Intermediate (WTI) crude futures closed at $82.10 per barrel, up 0.3% from the prior session. Supporting context: The Organization of Petroleum Exporting Countries (OPEC) and its allies maintain a cautious stance on output policy, with no immediate changes expected. Analysts note that while the immediate catalyst is the regional tension, continued uncertainty could drive further volatility in energy prices.

EditorTan Wei Jie