Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s why
- Posted on July 30, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Energy markets experienced a significant correction on July 30th as crude oil prices retreated from their Wednesday rally. Brent crude declined to $89.45 per barrel, losing 1.42% of its value, while WTI fell to $83.90, reflecting profit-taking after the previous day's 8% surge. This pullback suggests market consolidation following strong geopolitical-driven gains, with traders reassessing supply-demand fundamentals and global economic indicators.
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Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s why
Brent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to $83.90 a barrel.
