Oil prices rise as WTI gains more than 1% on September 30

  • Oil prices closed higher on September 30, led by gains in WTI and Brent crude.
  • WTI crude rose more than 1%, while Brent posted its largest monthly gain since July.
  • U.S.-Iran peace talks stalled as U.S. refined product inventories continued declining.

Oil prices closed higher on September 30, led by a more than 1% gain in U.S. West Texas Intermediate crude. Brent crude recorded its largest monthly increase since July as U.S.-Iran peace talks stalled and U.S. refined product inventories continued to decline.

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