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Business

Oil prices surge past $90 then retreat on market shifts

doha-review.comAugust 3, 2026August 4, 2026
by doha-review.comAugust 3, 2026August 4, 2026083
Oil prices jumped on July 29 as Brent crude settled above $90 a barrel. Renewed Middle East conflict and a steep drop in U.S. inventories...
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brent crudedaily gainsEnergy Information Administration.energy marketsfalling U.S. inventoriesglobal buyersmiddle east conflictmilitary activityoil pricesPersian Gulfrefinery schedulesshipping disruptionsU.S. inventorieswest texas intermediate

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