Oil prices hold steady near $68 ahead of US–Iran talks, OPEC+ supply plans keep markets cautious
Global oil prices remained steady on Monday as markets closely watch upcoming talks between United States and Iran. While concerns over potential disruptions in oil supply due to US-Iran tensions kept prices stable, OPEC+ is considering increasing production from April. The day saw Brent crude futures slightly down at $67.72 per barrel, while US WTI crude stood at $62.86.
The market’s cautious stance comes ahead of crucial negotiations between Washington and Tehran in Geneva on Tuesday.
