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EXPLAINED: Crude oil | Vintage Vibes

Volatility rocks energy markets after Brent crude oil hits 90 dollars a barrel

The price of Brent crude oil rose by about 1.5% to surpass 90 US dollars a barrel at one point on Monday morning for the first time since early June.

Evening Standard

Current price of oil as of July 20, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?

Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week's rally, when it gained 15.9%, marking its biggest weekly advance since April.

The Economic Times

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Iran's shadow fleet rushed $6 billion of oil to China during brief US truce: Report

Iran is said to have taken advantage of a roughly one-month window when the US lifted its blockade on Iranian oil to ship out crude oil worth $5 billion to $6 billion, according to estimates by United Against Nuclear Iran and oil analysts cited by The Wall Street Journal.

The Times of India

Will Sensex, Nifty extend gains on Monday? Q1 earnings, global tech selloff among 6 factors to steer D-St this week

Dalal Street ended the week on a strong note, with the Sensex and Nifty gaining over 1% on Friday. Investors will track six key market triggers this week, including the peak of the Q1 earnings season, the escalating Iran-US conflict, surging crude oil prices, the global tech selloff, rupee movement…

The Economic Times

Cotton Futures Fade into the Weekend

Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011. Friday afternoon’s Commitment of Traders report showed managed money spec...

Barchart

Stocks Finish Sharply Lower as Tech Stocks Slump

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.49%. September E-mini S&P futures (ESU26 ) fell -1.02%, and September E-mini Nasdaq futures...

Barchart

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Dollar Little Changed as Crude Prices Soar and T-note Yields Fall

The dollar index (DXY00 ) finished little changed on Friday. The dollar found some support from Friday’s +4% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Also, Friday’s stock selloff boosted liquidity...

Barchart

Escalation of US-Iran Hostilities Pushes Crude Oil Sharply Higher

August WTI crude oil (CLQ26 ) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26 ) closed up +0.1080 (+3.29%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 5-week high and gasoline posting a 2-month high. Crude prices surged on Friday amid heightened...

Barchart

Sugar Prices Benefit from Surging Crude Prices

October NY world sugar #11 (SBV26 ) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26 ) closed up +15.30 (+3.37%). Sugar prices settled sharply higher on Friday, with London sugar posting a 1-week high. Soaring crude oil prices on Friday spurred short covering in...

Barchart

Cotton Slipping Lower on Friday

Cotton futures are pulling off the early Friday losses with contracts down 11 to 40 points across most contracts at midday. Crude oil is up another $3.07 per barrel, with the US dollar index up 0.016. Export Sales data shows old crop cotton commitments at 11.951 million RB as of...

Barchart

Corn Turning Higher at Midday

Corn futures are trading with contracts 2 to 3 cents across most contracts on Friday, with bulls fighting off early weakness. The CmdtyView national average Cash Corn price is up 2 ¾ cents at $4.12 1/2. A resurgence in the crude oil back above $80/bbl, up $3.26 at midday is...

Barchart

Surging Crude Oil Lifts Sugar Prices

October NY world sugar #11 (SBV26 ) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26 ) is up +16.70 (+3.67%). Sugar prices are moving sharply higher today, with London sugar posting a 1-week high. Soaring crude oil prices today have spurred short covering in sugar...

Barchart

Crude Oil Prices Soar as the US and Iran Escalate Attacks

August WTI crude oil (CLQ26 ) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26 ) is up +0.1049 (+3.19%). Crude oil and gasoline prices are moving sharply higher today, with crude posting a 1-month high and gasoline posting a 7-week high. Crude is rallying today on heightened concerns...

Barchart

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Barchart

Dollar Finds Support from Weak Stocks and Surging Crude Prices

The dollar index (DXY00 ) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Today's US economic news was mixed for...

The Economic Times

Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran war

Reliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crudes during volatile markets. The company also completed planned turnarounds of key refining units. Global crude markets faced disruptions and supply chain issues. Brent crude prices averaged over one hundred dollars…

Barchart

Cotton Extending Losses to Friday AM Trade

Cotton price action is down 95 to 105 points so far on Friday morning. Futures fell into the Thursday close, posting session losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, with the US dollar index up 0.251. Export...

Fortune

Current price of oil as of July 17, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Peak of US-Iran conflict likely over; easing commodity prices to aid Indian manufacturers from H2FY27: Report

Easing commodity prices are expected to boost Indian manufacturers' operating margins. Global supply is improving and demand from China remains weak. US crude oil exports have risen, offsetting supply disruptions. OPEC+ agreed to increase output, further stabilizing oil prices. Manufacturing margins historically recover with a lag after commodity prices ease.

The Economic Times

Rupee rises 14 paise to 96.28 against per US dollar

The rupee edged up fourteen paise against the US dollar in early trade on Friday. Positive domestic equity markets supported the local unit's slight gain. However, significant foreign institutional investor outflows capped further appreciation. Heightened West Asian tensions and rising global crude oil prices also impacted the rupee. The rupee…

The Economic Times

Oil Price Today (July 17): Crude oil jumps 12% this week as Hormuz, Red Sea closure risks loom. What are experts saying?

Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or 1.3%, to $79.98 a barrel. The gains helped both benchmarks recover losses from the previous session. For the week, both oil benchmarks have rallied nearly 12%. Brent…

Barchart

Cotton Falls Back on Thursday

Cotton futures closed the Thursday session with losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, with the US dollar index up 0.251. Export Sales data showed 34,360 RB of cotton sold for 2025/26 in the week of July...

Barchart

Dollar Strength Sparks Long Liquidation in Crude Oil Futures

August WTI crude oil (CLQ26 ) on Thursday closed down -0.65 (-0.82%), and August RBOB gasoline (RBQ26 ) closed down -0.0162 (-0.49%). Crude oil and gasoline prices gave up early gains on Thursday and settled lower, as a stronger dollar sparked profit-taking and long liquidation. Crude prices are supported by...

Barchart

Why are World Sugar Futures Stuck in Neutral?

World sugar futures on the Intercontinental Exchange have traded in a narrow range of 13.34 to 16.10 cents per pound in 2026. While sugar is consolidating, it has made higher lows since mid-February but lower highs since late March.

Barchart

Cotton Sharply Lower on Thursday, Rejecting 80 Cent Mark

At midday on Thursday, cotton futures prices are back down 260 to 396 points from the Wednesday close. Futures closed the Wednesday session with contracts up 24 to 96 points. Crude oil is was up a modest 10 to 15 cents per barrel late morning, with the US dollar index...

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