📰 ET Markets 🟢 BULLISH 🕒 09 Oct 2026, 07:51 AM IST

Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?

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Market & Financial Impact: Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.08, or 4.1%, higher at $104.28 a barrel, while US West Texas Intermediate crude gained $3.21, or 3.6%, to close at $91.49. Both contracts rose more than $5 a barrel at one point, with Brent hitting its highest level since September 29.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?

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