EnergyReader · 2026-08-02 14:06

Brent Holds Above $91 as Aramco Asia Price Cut Tests Depth of Ceasefire Rally

By EnergyReader Newsroom · August 2, 2026

ICE Brent crude front-month stood at $91.04 a barrel as of Sunday August 2's close, having recovered most of the ground it lost when Washington and Tehran announced a pause in their exchange of strikes on July 27.

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ICE Brent crude futures, front-month → OPEC reference basket → Strait of Hormuz oil/LNG transit flows → China crude oil imports →

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