Oil Prices Settle Slightly Higher

NEW YORK, (Pakistan Point News - 16th Jul, 2026) 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.