# Brent oil up 20 US cents but off four-year high

> Brent was up 20 US cents at $81.92 a barrel on September 28, holding below the four-year high of $82.55 reached earlier that week. US light crude was 20 cents higher at $72.32. Iran sanctions take effect on November 4, while analysts noted that OPEC output may be rising.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63235-brent-oil-up-20-us-cents-but-off-four-year-high
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The move is a routine price update with no new supply shock, so the direct effect on feed costs is minimal. The sanctions timeline remains the key factor for energy-linked input costs.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- businesslive.co.za: https://www.businesslive.co.za/bd/markets/2018-09-28-brent-oil-up-20-us-cents-but-off-four-year-high/

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