WTI crude dropped below $91/barrel, down 1.94% on the day; Brent slipped 1.6% to $93.41/barrel.

2026-07-24

WTI crude dropped below $91/barrel, down 1.94% on the day; Brent slipped 1.6% to $93.41/barrel.

Other News
2026-07-23

Four market-relevant judgments by Trump have been at odds with subsequent events: Iranian military capability, conflict duration, control of the Strait of Hormuz, and oil prices. On Iranian military capability: Trump repeatedly asserted Iran’s forces

2026-07-24

A senior U.S. official stated that the U.S. has imposed tariffs of 10%-12.5% on several countries. The U.S. has exempted products such as oil, natural gas, fertilizers, and food from tariffs.