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The Latest Breaking News from Oil

Current price of oil as of July 24, 2026

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

Fortune

Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Gain as Oil Prices Decline—Intel, Edwards Lifesciences, SAP in Focus (UPDATED)

(Editor’s note: The ETFs data was updated.)

Benzinga

Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlook

Renewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in further interest rate hikes amid escalating geopolitical and trade tensions.

The Economic Times

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Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 suffered its steepest one-day decline in a month on Thursday as surging oil prices and earnings from Tesla Inc. (NASDAQ:TSLA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) rattled investors, but Polymarket traders are betting the benchmark index will rebound at Friday’s open.

Benzinga

NATO-backed scientists planted 13-foot-tall giant grass on war-damaged land near Bucha, hoping its roots can help clean Ukraine's polluted soil

Scientists in the Czech Republic are testing giant Miscanthus, a fast-growing perennial grass, to see if it can help restore Ukraine's war-damaged farmland. Backed by a NATO project, the research aims to remove pollutants from contaminated soil, improve soil health and eventually make the land suitable for farming again while…

The Times of India

A $100 question and all you need to know about markets for next week

Global markets face a pivotal week as the Federal Reserve, Bank of Japan and Bank of England meet against the backdrop of the Middle East conflict, oil prices above $100 and fresh US tariffs. Investors will also track Big Tech earnings, inflation data and central bank signals for clues on…

The Economic Times

Pakistan's Asim Munir used oil deal with Iran to shield Saudi from attacks: Report

The report said the understanding was reached in late March, during the early stages of the ongoing US-Israeli conflict with Iran. It cited a Middle East diplomat, a regional intelligence official and another person familiar with the discussions, all of whom spoke on condition of anonymity. According to the report,…

The Times of India

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First Minister says green transition remains 'critical' to decision over new drilling

THE First Minister has said the “critical transition” on climate change must be considered in the question of further drilling in the North Sea,…

The National (Scotland)

Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom

For nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.

Fortune

‘Critical’ climate change transition must be considered in North Sea – Swinney

The First Minister discussed the upcoming decisions on new North Sea projects.

Evening Standard

Oil prices surge to $100 a barrel for first time in two months

IN FULL

The Independent UK

European Union slams 'inflammatory' Houthi Red Sea tanker attack

The European Union's top diplomat demanded on Thursday that the Houthis cease attacks on ships in the Red Sea, after a Saudi vessel was hit by the Iran-backed rebels.

Radio France Internationale

AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year

India's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and GE Vernova T&D delivering stellar returns. Analysts believe rising data centre investments will fuel long-term demand, but caution that valuations and stock selection will be critical from here.

The Economic Times

US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalate

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers, potentially widening the conflict. International oil prices surged past one hundred dollars a barrel due to these disruptions. The Houthis also threatened to shut down the Bab el-Mandeb Strait…

The Economic Times

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The Economic Times

Global Market: Japanese investors dump overseas bonds as rising crude revives inflation fears

Japanese investors sold foreign bonds at the fastest pace in nearly three months during the week ended July 18 as surging oil prices revived inflation concerns and reinforced expectations of higher global interest rates for longer. They also turned net sellers of foreign equities, while overseas investors trimmed their exposure…

The Economic Times

Global Market: China, Hong Kong stocks slide as oil surge fuels inflation concerns

Asian markets saw declines in China and Hong Kong equities on Friday. Crude oil prices surged above $100 a barrel, intensifying inflation worries. Investors remained cautious due to geopolitical risks and upcoming large IPOs. Technology shares received some support from policy expectations. Rising energy costs and liquidity pressures will influence…

The Independent UK

Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel

Shares have skidded in Asia after Brent oil shot to its highest price since May as heavier fighting in the Middle East again threatened to slow the global flow of crude

The Economic Times

Oil shock, Treasury yield spike put Indian bonds under pressure before debt sale

Indian government bonds experienced a decline as oil prices surpassed one hundred dollars per barrel. The benchmark bond yield reached its highest level in five weeks during early trading. Rising oil prices and Treasury yields pressured overnight swap rates higher. Investors anticipate a Federal Reserve rate hike, pushing US Treasury…

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Euronews

Could the UK’s ‘radical’ new energy secretary put a stop to North Sea Drilling for good?

Miatta Fahnbulleh has been described as a “radical economist” who is outspoken about the climate crisis. Will she put an end to North Sea debates?

The Economic Times

RBI intervention blunts oil surge, shores up rupee

The Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining stock markets are currently pressuring the Indian currency. Geopolitical tensions in the Middle East are contributing to higher crude oil prices globally. India, heavily reliant on oil…

The Independent UK

Iran-US war latest: Trump insists Tehran can’t have a nuclear weapon as Houthis claim missile attack on Saudi Arabia

Trump says he doesn’t ‘think it’s time yet’ to agree to a deal

The Economic Times

Why did market fall today? Sensex slumps 332 points, Nifty closes below 23,800. 7 key reasons

Indian stock markets experienced sharp losses for a fifth straight session on Friday. Sensex and Nifty indices saw significant drops, reflecting investor concerns. Oil prices exceeding $100 per barrel and FII selling fueled the downturn. Broader markets and specific sectors also registered substantial declines. This selloff erased over Rs 3…

The Economic Times

Gold prices fall Rs 3,500/10 gram in 2 days, silver down Rs 8,700/kg as oil hits $100 again. Time to sell precious metals?

Gold and silver prices fell for a second straight session on the MCX as Brent crude climbed above $100 a barrel, stoking inflation concerns and boosting expectations that global interest rates could stay higher for longer. Investors also awaited next week's Federal Reserve policy decision.

The Economic Times

South Korean shares fall over 5% on AI spending concerns and oil spike

South Korean shares declined significantly on Friday due to AI spending concerns. Mega US tech firms' moderation in AI outlays impacted Asian chipmakers' outlook. Oil prices exceeding $100 a barrel also contributed to the negative market sentiment. Major chipmakers like Samsung Electronics and SK Hynix experienced substantial losses. The benchmark…

AAP

Aussie shares post worst day in a month as oil soars

Mining stocks have dragged on the local stock exchange as geopolitical conflicts continue to drive energy prices higher, darkening the global growth outlook.

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