Oil prices jump more than 4% to highest in a month
Oil prices jump more than 4% to highest in a month
Oil prices - Trading
Oil prices - Trading
2026/07/18 01:50
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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.
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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.
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Original source: Al-Yaum
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