July 2026

Oil Prices Increase by 0.7% Following Steep Quarterly Declines

Doha: Oil prices rose about 0.7% in early trading on Wednesday after posting their steepest quarterly losses in years. Brent crude futures gained 50 cents, or 0.69%, to $73.45 a barrel, while West Texas Intermediate crude futures climbed 63 cents,

Oil Heads for Biggest Quarterly Loss Since 2020

Doha: Oil prices are on track to post their steepest quarterly decline since the early stages of the COVID-19 pandemic in 2020. The August Brent crude futures contract, which expires on Tuesday, settled down 23 cents, or 0.3 percent, at

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