USO held near US$134.64 Friday as Hormuz risk met Iraq supply talk. Petrobras rose 0.74%, YPF 0.51%; Guyana cost recovery and Pemex deepwater bets framed the La

WTI-tracking USO closed at US$134.54, up 2.77%, as Middle East chokepoint risk outweighed regional news on Brazil pre-salt, Guyana's Stabroek, and YPF.

USO held near US$134.64 Friday as Hormuz risk met Iraq supply talk. Petrobras rose 0.74%, YPF 0.51%; Guyana cost recovery and Pemex deepwater bets framed the La

USO eased 1.8% as Iran blacklisted 45 tankers and Houthis hit a Saudi ship in the Red Sea. Petrobras fell 2.87%; Guyana, Mexico and Vaca Muerta stay busy.

Oil fell for a second straight session as traders shrugged off new Iran sanctions and US crude stocks jumped. Latin America oil shares fell with it.

USO rose 0.95% to US$127.35 on Wednesday, August 26, 2026, as WTI recovered late. Guyana's bigger Stabroek share and YPF's shale push led LatAm news.