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Oil prices dip after sharp rebound amid US-Iran tensions and rising US crude stocks

Technical Signals
24 Sep 2026
FXEmpire
View Source
Neutral
Oil prices dip after sharp rebound amid US-Iran tensions and rising US crude stocks

Oil prices eased on Thursday after a strong rebound on Wednesday driven by tensions between the US and Iran, with Brent slipping to around $102 and WTI falling below $92. The market remains uncertain due to ongoing risks to oil shipments through the Strait of Hormuz and mixed US inventory data showing a rise in crude stocks but declines in fuel supplies. Technical analysis suggests key support levels at $87 for WTI and $98.50 for Brent, with potential for further gains if prices break above $94 and $103.50 respectively. Traders are closely watching US-Iran talks and supply disruptions for the next price direction.

Oil price developments are presented here with Pluang's Energy-sector data as of Sep 24, 2026 09:21 WIB. Among 38 priced US energy stocks on Pluang, 21 rose and 17 fell today. Notable movers include Solaredge Technologies Inc (SEDG) at USD 33.33 with a 7.62% decline, Sunrun Inc (RUN) at USD 8.36 down 4.89%, and Centrus Energy Corp (LEU) at USD 151.30 down 4.14%.

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