Brent Crude Futures Rise from $70.04 to $73.24 Before Falling to $72.53; WTI Settles at $67.33, Down 2.79%

Brent crude oil futures experienced notable fluctuations over the last week, settling at $70.04 per barrel on July 28, marking a 2.34% increase or $1.60 gain. The upward trend continued on July 29, with Brent crude closing at $72.51 per barrel, up $2.47 or 3.53%. On July 30, Brent crude futures edged higher by 1.01% to $73.24 per barrel but declined by 0.97% to $72.53 per barrel on July 31. Meanwhile, West Texas Intermediate (WTI) crude futures settled at $66.71 per barrel on July 28 and rose to $67.33 per barrel by August 1, although that represented a 2.79% decrease or $1.93 drop from the previous day. These price movements reflect ongoing volatility in the crude oil market during this period.