WTI crude jumps 7.3% intraday to $84 a barrel
Brent crude rose 7% to $87.69 as international oil benchmarks posted gains of more than 7% in intraday trading, extending the session’s sharp advance.
Fact Check
The primary PANews source reproduces the claim's exact figures (WTI +5.00% at $82.24, Brent +4.6%, per Bybit). Multiple independent same-day sources corroborate the surge: Odaily (via Gate) shows WTI at $83.02 (+6%), a later PANews update shows up to +7% at $83.7, and Trading Economics records crude at $82.94 (+4.65%) on July 29 2026. All evidence aligns with a genuine intraday oil price jump matching the claim.
Summary
International oil prices moved sharply higher in intraday trading, with WTI crude rising 7.3% to $84 a barrel and Brent crude gaining 7% to $87.69 a barrel. The move showed broad strength across the main global oil benchmarks during the session.
Terms & Concepts
- WTI crude: U.S. benchmark grade of oil
- Brent crude: Global benchmark grade of oil