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Crude oil prices near six-month highs amid geopolitical tensions

4 Feb 2026 · 16:06 ISTafter close1 source ↓written by the desknot a recommendation

Crude oil prices are buoyed by ongoing Middle East tensions, with WTI holding above ₹62 and Brent above ₹67. The geopolitical climate has elevated haven demand, although concerns about a potential supply glut could trigger a sharp reversal. Traders should monitor upcoming supply reports and geopolitical developments closely.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Feb 2026, 16:06 IST.

Sourcesnews.google.com

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Crude oil prices near six-month highs amid geopolitical tensions

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