(CNN)– Oil prices are on the rise but still holding below the $100 mark. Thursday, April 16, 2026, Brent Crude was trading around $96 a barrel while U.S. Crude was near $93. Investors are growing more optimistic as signs point to progress in U.S. talks with Iran. The White House says another ro und of negotiations could happen soon which may ease fears of a wider conflict. That optimism is helping keep a lid on oil prices. Categories: Local News, National News, News, Politics Tags: Gas Prices, national gas prices, Oil Prices, SC gas prices, South Carolina gas prices, U.S. economy ...read more read less