What will WTI Crude Oil (WTI) hit Week of July 13 2026?
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Brent crude oil prices hit a new monthly high, exceeding $87.50 per barrel during trading on July 14. The closing price of $84.00 is 17% higher than the beginning of the month. Active military action between the US and Iran and the effective closure of the Strait of Hormuz have revived bullish sentiment. Analysts expect continued high volatility, which, in the absence of an agreement, could push oil prices to $100 per barrel, given that US reserves have fallen to their lowest level since mid-2003. Investors also bet on higher stock prices for Russian oil companies. Follow Kommersant on MAX | on Telegram
Crude oil prices rise to over $80 for the first time in a month as supply concerns resurface due to President Trump's tough stance against Iran; some markets are even predicting prices will exceed $100.
Crude oil futures briefly rose to over $80, reaching a one-month high due to the situation in the Middle East, as supply concerns rise again.
NY crude oil rises, briefly reaching over $80 on supply concerns, reaching a one-month high.
NY crude oil futures rise to over $80, reaching a one-month high.
U.S. Crude Futures Rise More Than 1% to $79.02/bbl
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What will WTI Crude Oil (WTI) hit Week of July 13 2026?