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Oil edges up as US-Iran deal signals remain mixed

it.investing.com (Italian) — November 4, 2026 at 02:01 AM UTC

Oil prices rose slightly in Asian trading Wednesday as investors weighed mixed signals on a potential US-Iran peace deal, with Brent up 1% to $104.61 a barrel and WTI up 0.8% to $96.83. Prices had fallen over the previous two sessions to near four-week lows on diplomatic hopes, but uncertainty persists after an Iranian official called Washington's response unconvincing and US strikes on Qeshm island continued. US midterm election outcomes are also being monitored for their impact on policy. Support came from API data showing US crude inventories fell by 5.267 million barrels last week, against analyst expectations for a build, while gasoline stocks rose and distillate stocks declined.

With a significance score of 0.9, this news ranks in the top 78% of today's 32283 analyzed articles.

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[4.8]

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[4.0]

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[4.0]

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[3.7]

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[3.7]

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[3.6]

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[3.6]

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[1.9]

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.7]

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[1.7]

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[1.6]

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[1.6]

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[1.6]

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[1.5]

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1h

[1.5]

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[1.5]

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1d 15h

[1.5]

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[1.5]

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[1.5]

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[1.4]

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[1.4]

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[1.3]

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[1.3]

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1d 18h

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[1.3]

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[1.3]

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<1h

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[1.3]

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1d 5h

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[1.3]

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[1.3]

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[1.3]

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[0.9]

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[0.9]

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[0.9]

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[0.8]

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[0.8]

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