Oil falls 3% but remains on track for 10% weekly gain
Oil prices fell nearly 3% in early trading on Friday, although crude remained on course to post a weekly gain of about 10%, as escalating military tensions between the United States and Iran continued to fuel concerns over global energy supplies.
July 24, 2026 (MLN): Oil prices fell nearly 3% in early trading on Friday, although crude remained on course to post a weekly gain of about 10%, as escalating military tensions between the United States and Iran continued to fuel concerns over global energy supplies. Currently, Brent crude futures is down, 2.98%, at $97.71 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is...