Markets · Commodity markets, July 24

What moved in commodities

Friday, July 24, 2026. From GEO's evening brief, after the close.

Oil pulled back sharply Friday, with WTI down 1.87% and Brent off 2.29%, though both still logged a strong week driven by the Iran conflict. Products fell in step, ULSD leading declines. The Houthis widened the fight, striking Saudi tankers in the Red Sea and declaring a naval blockade. Gold held near record ground, while wheat sank and coffee climbed.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.