Oil prices jump more than 4% to highest in a month

Oil prices - Trading

Oil prices - Trading

2026/07/18 01:50

Economic news on X platform

Oil prices jumped more than 4% at settlement on Friday, recording their highest levels in more than a month.

Brent crude futures increased by $3.87, or 4.59%, to settle at $88.10 per barrel.

Oil prices

U.S. West Texas Intermediate crude futures also rose by $3.54, or 4.48%, to $82.49 per barrel.

Related news

Both benchmarks hit their highest since mid-June, and have risen about 16% this week. Brent is heading for a third consecutive weekly gain, while WTI is set for a second straight weekly increase.

More articles