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Global oil prices

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10 Jul 2026

Oil Market Report - July 2026

IEA OMR July 2026: North Sea Dated fell ~USD 22/bbl m-o-m to ~USD 68 then rebounded to ~USD 77 after a 7-8 July ceasefire breach; Gulf exports recovered to 16.1 mb/d, below the ~24 mb/d pre-war average.

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O
OilPrice.com Secondary
13 May 2026

IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production

Reports the IEA's May 2026 outlook of a widening supply deficit, with about 10.5 mb/d of Gulf production offline and Brent near USD 107.

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