HIGHGeneral
Stock markets recover as oil retreats
🌍 GlobalJul 24, 2026 16:30SRC: AL MONITOR
INTELLIGENCE SUMMARY
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the previous day on escalating Middle East strikes, helping US and European stock markets stabilise. Brent fell five percent to under $96 a barrel, having soared seven percent Thursday. The key US contract, West Texas Intermediate, declined more than four percent after having gained more than six percent on Thursday.
DETAILED REPORT
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the previous day on escalating Middle East strikes, helping US and European stock markets stabilise.
Brent fell five percent to under $96 a barrel, having soared seven percent Thursday. The key US contract, West Texas Intermediate, declined more than four percent after having gained more than six percent on Thursday.
AI THREAT SCORE41/100