Brent Crude Surges as WTI Slips Amid Ongoing Global Tensions
The latest oil prices data from Energy Intelligence in cooperation with Refinitiv shows mixed trends for July 31, 2026.
Brent crude futures traded at $73.51 per barrel, up by 1.5% since the previous day. On the other hand, West Texas Intermediate (WTI) futures declined by 0.7% to settle at $69.21 per barrel.
The data also indicates that oil prices have been relatively stable over the past month, with a slight upward trend. However, this stability may be short-lived due to the ongoing geopolitical tensions in various regions.