Current price of oil as of July 30, 2026

As of July 30, 2026, oil prices reached $92.65 per barrel using the Brent benchmark, up $3.12 from the previous day and $19 higher than a year earlier. The article highlights factors influencing oil prices, including supply and demand dynamics, the U.S. Strategic Petroleum Reserve's role in emergencies, and the link between oil and natural gas markets.