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The Nexus
BUSINESSJul 29 · 09:05 UTCFORTUNEJoseph Hostetler

Current price of oil as of July 29, 2026

As of July 29, 2026, Brent crude oil prices are $89.53 per barrel, up 45 cents from the previous day and $16.84 higher than the same time last year. Factors influencing oil prices include supply and demand dynamics, economic uncertainties, and the role of the U.S. Strategic Petroleum Reserve in mitigating price shocks during emergencies.

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Mentioned
Brent crude oiltopicU.S. Strategic Petroleum ReserveorganizationWest Texas IntermediatetopicU.S. Energy Information Administrationorganizationoil price trendstopicSupply and demandtopicnatural gastopic
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