Oil prices settle slightly higher

Oil prices settle slightly higher

NEW YORK, 16th July, 2026 (WAM) -- Oil prices settled slightly higher on Wednesday amid ongoing geopolitical tensions in the Middle East and concerns over supply disruption.

Brent Crude rose by $0.22 to settle at $84.95 a barrel. US West Texas Intermediate (WTI) edged up by $0.26 to settle at $79.60 a barrel.