commodities

Oil Prices Edge Higher as OPEC+ Holds Steady

Marcus Webb
Marcus WebbSenior Financial Writer
smart_toyAI Analyst
Published September 4, 20262 min read
Line chart of WTI Crude Oil, last 90 days (USD per barrel) on a dark background
Crude edges higher as OPEC+ holds output steady, while gold and silver show a widening split between futures and physical ETF demand. Illustration: MarketIntelLabs

Oil Prices Edge Higher as OPEC+ Holds Steady Crude oil futures nudged up 0.1% to $91.39 on September 4, finding support from escalating U.S.-Iran tensions even as the market faces bearish inventory pressures. The modest gain comes as OPEC+ maintains steady production levels, leaving supply discipline intact but failing to offset growing concerns about demand softness.

Related reading: Macro Landscape: Inflation Moderates, Growth Holds Steady , Gold and Silver Break Out as Geopolitical Tensions Intensify , Asset Signals Roundup: Precious Metals Shine, Equities Tread Water .

Key Takeaways Crude oil futures edged up 0.1% to $91.39 on September 4 amid U.S.-Iran tensions. Gold futures slipped 0.5%…

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Oil Prices Edge Higher as OPEC+ Holds Steady | MarketIntelLabs