# Oil prices settle slightly higher as optimism around US inflation data outweighs OPEC supply concerns

> Oil prices settled slightly higher as optimism over US inflation data outweighed OPEC supply concerns. Brent closed 23 cents higher at $67.75 a barrel and WTI rose 5 cents, though both benchmarks posted weekly declines.

- Date: 2026-03-01 · published 2026-03-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/20788-oil-prices-settle-slightly-higher-as-optimism-around-us-inflation-data
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Routine price moves driven by macro sentiment rather than supply shifts leave energy costs roughly unchanged for feed buyers, with no major change to the input cost outlook.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-set-weekly-drop-iran-risks-recede-oversupply-concerns-2026-02-13/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.