BRENTBrent Crude Oil
Brent Crude Oil (BRENT) is a ICE-listed commodity covered by Valdrans. Last close $105.48, +1.01% on the day; +2.84% over 1 week, -1.85% over 4 weeks, +11.28% over 6 months (prices as of 11 Oct 2026).
- Last close (11 Oct 2026)
- $105.48
- Today
- +1.01%
- 1 week
- +2.84%
- 4 weeks
- -1.85%
- 6 months
- +11.28%
Coverage of BRENT(20)
WTI crude fell ~$4 amid reports of US-Iran diplomatic contacts
WTI crude fell approximately $4.00 to $88.25 on 24 July 2026 following reports of China-backed diplomatic contacts between the US and Iran facilitated by Pakistan. The Dow Jones Industrial Average rose 0.67% and the S&P 500 rose 0.52% in the same session.
30-year US Treasury yield approached 5.2% on 24 July 2026
The 30-year US Treasury yield rose toward 5.2% on 24 July 2026, extending a move that had already brought US Treasury yields to their highest levels of 2026 by 23 July. A global bond selloff accelerated over the period, with oil price rises and Federal Reserve rate-hike expectations reported as contributing factors.
Brent crude hits $100.30, WTI $91.70 amid Persian Gulf shipping attacks
Brent crude rose to $100.30 per barrel and WTI climbed to $91.70 per barrel, each gaining over $10 per barrel since Monday, following more than 60 commercial ship attacks across Persian Gulf chokepoints; European natural gas prices rose to four-month highs and U.S. equity markets declined as crude crossed $100.
US strikes Iranian targets ninth consecutive night; Hormuz transit affected
US forces conducted a ninth consecutive night of air strikes on Iranian targets on 20 July 2026, with CENTCOM citing threats to Strait of Hormuz maritime transit, through which roughly one-fifth of global oil and gas passes.
US-Iran ceasefire ends; WTI crude and gold linked to supply-disruption risk
A US-Iran ceasefire declared approximately 10 days prior ended following President Trump's announcement, according to CNBC and Finnhub reporting. WTI crude, USO, gold, and the VIX were mentioned in the context of Iranian supply-disruption and geopolitical risk.
LNG exports via Strait of Hormuz halted for three days to 20 July
Tanker-tracking data confirmed LNG exports and oil tanker traffic through the Strait of Hormuz ceased or declined significantly over the three days ending 20 July 2026. A shipowner was reported offering crews up to six months of additional pay to transit the waterway.
Leveraged funds set record NZD short positions as of 20 July 2026
Leveraged funds held record short positions in NZD/USD as of 20 July 2026, according to Bloomberg Markets. The positioning was reported in the context of a rebound in Brent crude and WTI crude prices.
US oil rig count rises to 452; WTI crude rallies $2.36 to $81.30
Active US oil rigs rose by 7 to 452 as of 17 July 2026, with total rigs at 588, up 44 year-over-year. WTI crude gained $2.36 to $81.30 and Brent crude rose 4% over the same period.
Nikkei falls 4.25%, oil rises to $81 as Middle East strikes hit markets
The Nikkei fell 4.25% and Nasdaq futures declined 1% on 17 July 2026; oil rose a further 2.6% to approximately $81 per barrel in European trading following Middle East strikes, while the Indian rupee approached record lows before Reserve Bank of India intervention.
China crude imports hit decade low at 7.12 mb/d in June 2026
China's crude oil imports fell 41.3% year-over-year in June 2026 to 7.12 million barrels per day, the lowest monthly volume since October 2016; Chinese refiners drew approximately 41 million barrels from domestic stockpiles during the same month.
Dangote Refinery switches fuel pricing to US dollars, ending naira sales
Dangote Petroleum Refinery abandoned naira-denominated fuel pricing on 14 July 2026, setting gasoline at $0.779/litre, diesel at $1.087/litre, and jet fuel at $0.942/litre; the Nigerian naira and DANGOTE.LG were mentioned in connection with the development.
Ukraine strikes cut Russian refinery output to lowest since 2005
Russia's crude processing capacity fell to 3.91 million barrels per day by early July 2026, with 24 of 34 refineries affected and a 135-million-barrel crude backlog accumulating at sea; Russia imposed export bans on gasoline, jet fuel, and diesel, while domestic Russian fuel prices rose sharply.
US June CPI at 3.5%, below 3.8% consensus; rate futures repriced
US headline CPI for June 2026 came in at 3.5% year-over-year against a 3.8% consensus, with a month-over-month fall of 0.4%; fed funds futures moved to price 3.9 basis points of hikes at the July Fed meeting, down from 9.2 bps, and year-end rate expectations fell from 41 bps to 32.7 bps.
NTPC issues tender to acquire stakes in international uranium mines
NTPC Ltd launched a tender seeking consultants to identify uranium mine investment opportunities across Australia, Canada, Kazakhstan, and South Africa, with bids due 16 July 2026. Cameco Corporation (CCJ) was mentioned in coverage in connection with the targeted countries.
US strikes 90 Iranian military sites; S&P 500 futures rose 0.2%
US forces struck ~90 Iranian military sites around the Strait of Hormuz on 10 July 2026, following strikes on 8–9 July. Iran retaliated against US facilities in Bahrain, Kuwait, and Qatar; S&P 500 futures rose 0.2% at 7:43 a.m. ET on 9 July.
SK Hynix raises $26.5bn in record US foreign-company IPO
SK Hynix completed a $26.5bn ADR offering on Nasdaq on 10 July 2026, the largest-ever US IPO by a foreign company. ADRs were indicated to open 17% above the offering price; the company reached a trillion-dollar market capitalisation.
Ukrainian drones struck Russian fuel tankers and trucks; Brent and WTI linked
Ukrainian drone attacks on Russian fuel infrastructure included strikes on two tankers in Taganrog Bay and 360 reported truck attacks in one week; Russia announced domestic energy sales bans and increased fuel imports amid a reported nationwide petrol shortage.
Bloomberg: $1.6bn Russian energy transshipped via Indonesia's Karimun Island
At least $1.6bn in Russian diesel, fuel oil, and petroleum products was transshipped through Karimun Island, Indonesia, to Asian buyers, per Bloomberg Markets on 9 July 2026. No regulatory response from Indonesian, Western, or international bodies was reported.
Trump ends Iran ceasefire; WTI and Brent surge 8% amid Hormuz closure threat
WTI and Brent crude rose approximately 8% after Trump declared the Iran ceasefire over at the NATO Summit in Ankara and revoked Iranian oil sanctions waivers; U.S. equity futures in SPY and QQQ fell, bond yields spiked, and the VIX rose.
US strikes on Iran; Brent crude surges, equities and dollar move
Brent crude rose ~$4 to settle above $76, reaching $80 intraday; WTI rose 6% to $74.90. The Dow fell 1.09%, S&P 500 posted minor losses, FTSE 100 and Nikkei fell, Treasury yields rose 5bp to 4.58%, and the DXY strengthened.