Oil price rises as Middle East conflict escalates
London, August 01, 2024, (Oilandgaspress) –– Oil prices rose on Thursday, after news of the killing of a Hamas leader in Iran raised the threat of a wider Middle East conflict and concern over its impact on oil. Hamas leader Ismail Haniyeh was killed in Iran on Wednesday.
| Oil and Gas Blends | Units | Oil Price US$/bbl | Change |
| Crude Oil (WTI) | USD/bbl | $78.46 | Up |
| Crude Oil (Brent) | USD/bbl | $81.39 | Up |
| Bonny Light | USD/bbl | $84.20 | Up |
| Saharan Blend | USD/bbl | $85.61 | — |
| Natural Gas | USD/MMBtu | $2.06 | Down |
| Murban Crude | USD/bbl | $80.58 | Down |
| OPEC basket 31/07/24 | USD/bbl | $80.65 | Up |
