{"id":118623,"date":"2026-07-20T12:55:04","date_gmt":"2026-07-20T07:55:04","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=118623"},"modified":"2026-07-20T12:55:11","modified_gmt":"2026-07-20T07:55:11","slug":"crude-oil-continues-to-surge","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/crude-oil-continues-to-surge\/","title":{"rendered":"Crude Oil continues to surge"},"content":{"rendered":"<p>ISLAMABAD:\u00a0 The effects of the increasing military tension between the<a href=\"https:\/\/dailyausaf.com\/en\/business\/crude-oil-prices-rise-again-in-global-market\/\"> US and Iran in the Middle East<\/a> have started to be felt on global markets, where a significant increase in crude oil prices was recorded.<\/p>\n<p>Crude oil prices in the global market increased by about 3%, after which the price of Brent crude oil crossed the level of $ 90 per barrel.<\/p>\n<p>According to market reports, Brent crude oil futures increased by $ 2.77 or 3.14%, after which the price reached $ 90.87 per barrel, this price is being described as the highest level since June 11.<\/p>\n<p>According to reports, a total increase of 15.9% was recorded in the price of Brent crude oil last week, which is the biggest weekly increase since April.<\/p>\n<p>Economic experts say that the increase in tension in the Middle East has raised concerns about the global supply of oil, due to which prices are being seen to increase.<\/p>\n<p>On the other hand, the price of US crude oil West Texas Intermediate (WTI) also increased, WTI crude oil continued to trade at $ 84.84 per barrel after increasing by $ 2.35 or 2.85 percent, which is the highest level since June 12. Last week, the price of WTI increased by 15.5 percent, which is the biggest weekly increase since the beginning of March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD:\u00a0 The effects of the increasing military tension between the US and Iran in the Middle East have started to be felt on global markets, where a significant increase in crude oil prices was recorded. Crude oil prices in the global market increased by about 3%, after which the price of Brent crude oil crossed [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":96032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[32550],"class_list":["post-118623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-crude-oil-prices"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/118623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=118623"}],"version-history":[{"count":2,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/118623\/revisions"}],"predecessor-version":[{"id":118625,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/118623\/revisions\/118625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/96032"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=118623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=118623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=118623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}