Oil Declines, Brent Crude at $89.45 pb

Oil Declines, Brent Crude at $89.45 pbSingapore, 30 July 2026 (ONA) — Oil prices relinquished some of their gains today, with Brent crude futures falling $1.29, or 1.42%, at $89.45 a barrel. US West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90 a barrel. Preliminary shipping data showed that 39 commodity vessels passed through the Bab el-Mandeb Strait into the Red Sea on Tuesday, the highest count since July 19. At the same time, only a handful of ships continued to transit the Strait of Hormuz. — Ends/AH