Brent Crude Oil Price Today (July 16): Brent Climbs Above $85, WTI Crosses $80 After US Strikes on Iran Raise Oil Supply Concerns | Check Latest Brent Crude & WTI Oil Rates Today
India, July 16 -- Brent Crude Oil Price Today (July 16): Brent crude oil prices extended their gains for a fourth consecutive session on Thursday, July 16, after fresh US strikes on Iranian military sites intensified fears of a wider regional conflict and possible disruptions to global oil supplies. Brent crude futures climbed 33 cents, or 0.4%, to $85.28 per barrel, following a sharp 12% rise over the previous three trading sessions.
Brent Crude Oil Price Today (July 16)
The benchmark crude contract moved close to its one-month high as investors monitored developments in the Middle East and assessed risks surrounding the key oil transit route, the Strait of Hormuz.
WTI Crude Oil Price Today (July 16)
US West Texas Intermediate (WTI) ...
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