Oil Prices Gain and Asian Shares are Mostly Lower as Investors Sell AI Stocks

31/07/2026 02:38 AST


Asharq Al Awsat

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Crude Oil

(In US Dollar) Change Change(%)
Brent 90.71 5.66 6.65
WTI 80.23 0.37 0.46
OPEC Basket 84.39 -1.77 -2.05

Recent News

Oil slips as markets look for cues on Gulf supplies

31/07/2026

Oil prices erased some of their previous gains on Thursday, despite escalating attacks in the Gulf as investor focus shifted to supply flows through the key chokepoints in the region.

Brent

Reuters

Oil rises as US-Iran tension escalates after Iraq strikes, missile attack

30/07/2026

Oil ?prices rose by about $3 a barrel on Wednesday after joint strikes in Iraq by the ?US and Saudi Arabia, and the interception of Iran's ballistic missiles aimed at US forces in the Middle East, wh

Reuters

Oil prices dip over 6% after US, Iran pause fighting over weekend

28/07/2026

Oil prices tumbled more than 6 percent on Monday after the ?US and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the c

Reuters

Oil prices tumble nearly 6% on renewed hopes for US-Iran deal

27/07/2026

Global oil prices fell sharply in early Asian trading on Monday, with benchmark crude surrendering much of last week's war-driven gains as investors shifted focus from geopolitical fears to signs tha

Gulfnews

Oman oil price rises by USD 7.57

24/07/2026

The official price of Oman crude oil for September delivery settled today at USD 97.08 per barrel.

The price of Oman oil recorded an increase of USD 7.57 today compared to yesterday Wednesda

ONA

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