Oil Rises With Focus on U.S.-Iran Talks, OPEC+ Meeting -- Market Talk

Dow Jones

02/27

0825 GMT - Oil prices rise as investors digest news that the U.S. and Iran will resume discussions next week after the latest round of talks wrapped up on Thursday without a deal. Brent crude rises 0.9% to $71.45 a barrel, while WTI is up 0.7% to $65.32 a barrel. Discussions "on a technical level" will take place next week in Vienna, Oman's Foreign Minister Badr bin Hamad al-Busaidi said in a post on X. However, markets remain on edge as any potential escalation of tensions could disrupt energy flows. Traders are also awaiting OPEC+'s meeting on Sunday for signals on future production policy. (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

February 27, 2026 03:25 ET (08:25 GMT)

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Brent crude rises 0.9% to $71.45 a barrel, while WTI is up 0.7% to $65.32 a barrel. Discussions \"on a technical level\" will take place next week in Vienna, Oman's Foreign Minister Badr bin Hamad al-Busaidi said in a post on X. However, markets remain on edge as any potential escalation of tensions could disrupt energy flows. Traders are also awaiting OPEC+'s meeting on Sunday for signals on future production policy. 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Traders are also awaiting OPEC+'s meeting on Sunday for signals on future production policy. (giulia.petroni@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2026 03:25 ET (08:25 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}