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Oil prices pull back amid easing Middle East tensions, Brent holds $100 support level

Technical Signals
18 Sep 2026
FXEmpire
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Neutral
Oil prices pull back amid easing Middle East tensions, Brent holds $100 support level

WTI crude oil prices have dropped to $96.21 after facing resistance near $105, as traders seem to be pricing in a stabilization in Middle East tensions. The market appeared overstretched, prompting some profit-taking ahead of a long weekend. Brent crude oil also eased but found support around the psychologically important $100 level, maintaining a bullish outlook. Both markets remain sensitive to geopolitical developments, with dips likely attracting buyers looking for value.

Regarding the recent WTI and Brent crude oil price movements, here is Pluang's market snapshot as of Sep 18, 2026 20:34 WIB: Out of 150 priced US stocks tradable on Pluang, 46 rose and 101 fell today. Notable movers include IQ (IQIYI Inc - ADR) at USD 1.12 with a 1-day change of +2.27%, NIO (NIO Inc.) at USD 3.69 with +2.21%, and HOOD (Robinhood Markets, Inc.) at USD 112.14 with +2.12%, with varied Pluang order activity and typical hold times.

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