---
title: "Occidental's quarterly realized oil prices jump amid Iran war disruption"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292358244.md"
datetime: "2026-07-10T21:04:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292358244.md)
  - [en](https://longbridge.com/en/news/292358244.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292358244.md)
---

# Occidental's quarterly realized oil prices jump amid Iran war disruption

July 10 (Reuters) - Shale producer Occidental Petroleum (OXY.N) said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven by higher benchmark crude rates amid the Middle East conflict.

The U.S.-Iran war has injected a hefty geopolitical risk premium into the energy markets and disrupted supplies through the Strait of Hormuz, which carries about a fifth of global oil flows.

-   Benchmark Brent crude (LCOc1) saw an average closing price of $96.68 per barrel during the April-June quarter, up 23% from the first three months of the year.
-   Occidental’s worldwide average realized oil price in the second quarter was $96.78 per barrel, compared with $69.91 a barrel in the previous three months.
-   Worldwide realized natural gas prices averaged negative 80 cents per million cubic feet, compared with positive $1.20 per mcf in the previous quarter.
-   Worldwide realized natural gas liquids prices rose nearly 30% to $24.64 per barrel, compared with $18.99 per barrel in the previous quarter.

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