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The Nexus
BUSINESSJul 21 · 10:20 UTCFORTUNEJoseph Hostetler

Current price of oil as of July 21, 2026

As of July 21, 2026, oil is trading at $89.93 per barrel, up $1.71 from the previous day and $20.50 higher than a year ago. The article explains factors influencing oil prices, including supply and demand, geopolitical risks, the U.S. Strategic Petroleum Reserve, and the link between oil and natural gas markets.

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Brent crude oiltopicWest Texas Intermediate (WTI)topicU.S. Strategic Petroleum Reserveorganizationoil pricestopicnatural gastopicU.S. Energy Information AdministrationorganizationSupply and demandtopic
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