West Texas Intermediate (WTI) Oil price remains steady after two days of losses, trading around $65.40 per barrel during the European hours on Thursday. Crude Oil prices hold steady amid ongoing United States (US)-Iran tensions that threaten potential supply disruptions.

As markets price in a potential US-Iran deal amid rising Middle East tensions, WTI crude oil price action is forming a head and shoulders reversal pattern. Meanwhile, gold and silver prices remain capped below 5200 and 90 resistance. Is a commodity breakout coming, or does a breakdown risk dominate?

Key Moments WTI trades near $65.40 per barrel during European hours after two consecutive sessions of losses. Traders focus on a third round of US-Iran nuclear negotiations in Geneva, which could reshape geopolitical risk in oil prices. US crude inventories rose by 15.989 million barrels, the largest weekly build since February 2023, highlighting oversupply concerns. […]

Oil prices hold steady as Brent rises 0.3% and WTI gains 0.2%, driven by US-Iran talks and big EIA stock builds, keeping traders alert to global supply and demand shifts.

Oil pullback within strong uptrend: WTI eased 2.4% from its six-month high near $67 after a surprise 16 million-barrel surge in US crude inventories, but remains one of 2026’s top-performing assets with a 14.2% YTD gain.

Since hitting a 6-month high of around $67/barrel on Feb 19, the price action of WTI crude oil has staged a minor pullback of -2.4% to print an intraday low of around $65.20 on Feb 25.