Topic
barrel
Commodities Energy & Petrochemicals #brent crude#oil prices
Brent crude hovers above $100 a barrel as tensions escalate in West Asia
Brent crude futures held above $100 a barrel as the US continued airstrikes against Iran and Houthi attacks raised risks to Saudi oil flows. The September ICE Brent contract was at $100.66, while WTI traded at $91.95. Supply disruptions through the Strait of Hormuz and the CPC terminal in Russia add to geopolitical premium.
Jul 24, 2026 1 source
Energy & Petrochemicals #crude oil#oil prices
Crude Oil Dips Below $75/barrel as Strait of Hormuz Reopens but Full Recovery May Take Time
Crude oil prices fell below $75/barrel on Wednesday after the Strait of Hormuz reopened, but remain above pre-conflict levels. Brent traded near $73.4/barrel, while the Indian oil basket was at $74.34. S&P Global Energy and JP Morgan provide cautious outlooks, citing volatile prices and potential upward pressure from declining inventories.
Jun 25, 2026 1 source