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    Home»Business»Brent hovers above $100/bbl, set for weekly rise
    Business

    Brent hovers above $100/bbl, set for weekly rise

    Editorial teamBy Editorial teamJuly 24, 2026
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    BEIJING, 24th July, 2026 (WAM) — Brent ​oil prices hovered above $100 per barrel on Friday while heading for their fourth week of ‌gains.

    Brent futures advanced 37 cents, or 0.37 percent, to $101.06 a barrel at 0330 GMT, having settled up 7 percent above $100 in the previous ​session for the first time since May.

    The contract remained on course for a 14.6 percent advance this week.

    West Texas Intermediate (WTI) futures were little changed at $91.20 a barrel, their highest level since 11th June and on track for an ​11.8 percent weekly rise.

    Source: Emirates News Agency

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