RT عربي1 hour agoBusiness1 min readArgentina

Oil prices continue to rise and are heading towards recording strong weekly gains

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Crude oil prices continue to rise in global markets, with West Texas Intermediate crude recording $91.43 per barrel and Brent crude reaching $95.56 per barrel, with the two crude oils heading for their largest weekly gains since July 2026.

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Why It Matters

Global oil prices are witnessing continuous fluctuations that affect the financial markets.

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US West Texas Intermediate crude futures for next October were trading at 10:35 Moscow time, at $91.43 per barrel, an increase of 0.14% from the previous settlement price.

While global Brent crude futures contracts for next November were traded at $95.56 per barrel, an increase of 0.04% from the previous closing price.

Brent rose by 7.6%, and US crude rose by 10.4% this week, and they are heading towards achieving the highest gains since the week ending July 20, 2026.

Open Questions

What are the geopolitical factors causing this rise?

Oil prices continue to rise and are heading towards recording strong weekly gains

Quick Look

AI-generated summary

Why It Matters

Global oil prices are witnessing continuous fluctuations that affect the financial markets.

Font size

US West Texas Intermediate crude futures for next October were trading at 10:35 Moscow time, at $91.43 per barrel, an increase of 0.14% from the previous settlement price.

While global Brent crude futures contracts for next November were traded at $95.56 per barrel, an increase of 0.04% from the previous closing price.

Brent rose by 7.6%, and US crude rose by 10.4% this week, and they are heading towards achieving the highest gains since the week ending July 20, 2026.

Open Questions

What are the geopolitical factors causing this rise?

Oil prices continue to rise and are heading towards recording strong weekly gains

Quick Look

Why It Matters

Open Questions

Related Topics

Oil prices continue to rise and are heading towards recording strong weekly gains

Quick Look

Why It Matters

Open Questions

Related Topics

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