{"id":69978,"date":"2026-02-16T08:56:32","date_gmt":"2026-02-16T08:56:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/02\/16\/oil-prices-subdued-as-us-iran-resume-talks\/"},"modified":"2026-02-16T08:56:32","modified_gmt":"2026-02-16T08:56:32","slug":"oil-prices-subdued-as-us-iran-resume-talks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/02\/16\/oil-prices-subdued-as-us-iran-resume-talks\/","title":{"rendered":"Oil Prices Subdued As US, Iran Resume Talks"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Oil prices were little changed on Monday as investors weighed prospects of OPEC+ supply increases and awaited upcoming U.S.-Iran talks aimed at de-escalating tensions.<\/p>\n<p>Benchmark Brent crude futures slipped 0.2 percent to $67.65 a barrel, while WTI crude futures were down 0.2 percent at $62.65. <\/p>\n<p>Due to Presidents&#8217; Day holiday in the United States, there will be no official settlement for WTI today.<\/p>\n<p>Both contracts posted modest losses last week after U.S. President Donald Trump said he expects a nuclear deal with Iran to materialize within the next month.<\/p>\n<p>The two countries will hold a second round of talks over Tehran&#8217;s nuclear program this week, with Israeli Prime Minister Benjamin Netanyahu urging Trump to demand Iran dismantle its nuclear infrastructure.<\/p>\n<p>Ahead of the talks taking place on Tuesday in Geneva, Iran&#8217;s Deputy Foreign Minister Majid Takht-Ravanchi told the BBC in an interview that the country is ready to consider compromises to reach a nuclear deal with the United States in return for the lifting of sanctions. <\/p>\n<p>Meanwhile, media reports suggest the OPEC+ alliance is considering &#8220;resuming output increases&#8221; starting in April.<\/p>\n<p>No decision has yet been ?made and talks will continue in the weeks ahead of the meeting on March 1, it was said. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Oil Prices Subdued As US, Iran Resume Talks<\/a><br \/>\n<br \/>2026-02-16 08:56:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were little changed on Monday as investors weighed prospects of OPEC+ supply increases and awaited upcoming U.S.-Iran talks aimed at de-escalating tensions. Benchmark Brent crude futures slipped 0.2&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-69978","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-us-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69978"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69979"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}