Topic
weekly gain
Commodities Energy & Petrochemicals #crude oil#energy
Crude Heads for Biggest Weekly Gain in Months Amid Intensifying Middle East Crisis
Crude oil prices surged on Friday, with Brent and WTI heading for their biggest weekly gains in three months as US military strikes on Iran intensified. The escalation, which resumed less than a month after a June 17 ceasefire agreement, has revived fears over the Strait of Hormuz and potential supply disruptions.
Jul 17, 2026 1 source
Commodities Energy & Petrochemicals #oil#energy
Oil edges lower but heads for weekly gain as West Asia supply risks persist
Oil prices edged lower on Friday but remained on track for weekly gains as the United States and Iran continued trading strikes, keeping supply risks elevated. Brent futures fell 6 cents to $76.24/bbl, while WTI lost 4 cents to $72.04/bbl. For the week, Brent was set for a 6% gain and WTI for a 5% increase.
Jul 10, 2026 1 source