Brent crude oil

As of August 17, 2026, oil sold for $91.53 per barrel using Brent as the benchmark, marking a rise over the past year. Oil prices are influenced by global supply and demand, with major benchmarks including Brent crude oil and West Texas Intermediate (WTI). The final cost of gasoline includes not only the crude oil component but also taxes and markups from wholesalers and refineries.

As of August 14, 2026, oil was priced at $89.53 per barrel based on the Brent benchmark, showing a loss compared to yesterday and being significantly higher than prices one year ago. While gas pump costs involve refining, taxes, and local markups beyond just crude oil, changes in crude oil still have an outsized impact. The U.S. Strategic Petroleum Reserve exists to provide temporary energy security during supply shocks or emergencies.

As of August 12, 2026, the price of oil using Brent as a benchmark sits at $91.60 per barrel, which is a decrease of 94 cents since yesterday morning. Oil prices are primarily driven by supply and demand, with fluctuations influenced by factors such as economic slowdown or conflict. The final gas pump price reflects not only crude oil but also costs related to refining, distribution, and taxes.

Oil is currently trading at $92.54 per barrel based on the Brent benchmark, a price influenced by global supply and demand factors like potential recessions or war. While crude oil has the biggest influence on gas pump prices, consumers also pay for refineries, wholesalers, taxes, and local markups. The article notes that two main benchmarks are Brent crude oil (the primary global measure) and West Texas Intermediate (WTI), which tracks North American performance.

Oil prices rose more than 2%, driven by uncertainty over when the Strait of Hormuz may reopen, particularly after U.S. President Donald Trump commented on Iran's demands. However, global shares were mostly lower; major European indices like the CAC 40, DAX, and FTSE 100 all saw declines. Stocks in Asia also wavered, with the S&P 500 and Dow Jones Industrial Average slipping 0.1% despite reports of strong corporate earnings.

Oil prices held steady after surging 5% on Monday due to ongoing uncertainty over the Strait of Hormuz. Shares in Asia were mixed; South Korea's Kospi gained while Hong Kong's Hang Seng lost value. The U.S. market saw some major indices slip, with analysts focusing attention on the upcoming update regarding July inflation data.

As of August 3, 2026, Brent crude oil is priced at $87.38 per barrel, reflecting a 71-cent increase from the previous day and a $17.50 rise over the past year. The article discusses factors influencing oil prices, including supply and demand dynamics, geopolitical events, and the role of the U.S. Strategic Petroleum Reserve in mitigating price shocks.

As of July 31, 2026, oil was priced at $92.27 per barrel, a 38-cent drop from the previous day but $19.67 higher than a year prior. The article highlights factors like supply and demand, the U.S. Strategic Petroleum Reserve, and the link between oil and natural gas markets.

As of July 30, 2026, oil prices reached $92.65 per barrel using the Brent benchmark, up $3.12 from the previous day and $19 higher than a year earlier. The article highlights factors influencing oil prices, including supply and demand dynamics, the U.S. Strategic Petroleum Reserve's role in emergencies, and the link between oil and natural gas markets.

U.S. stocks fell sharply after the Federal Reserve maintained interest rates at 3.5% to 3.75%, with renewed Middle East fighting, rising oil prices, and concerns over AI spending and tariffs contributing to the decline. The Dow Jones dropped over 1,100 points, and the Nasdaq and S&P 500 each lost more than 1.5%.

As of July 29, 2026, Brent crude oil prices are $89.53 per barrel, up 45 cents from the previous day and $16.84 higher than the same time last year. Factors influencing oil prices include supply and demand dynamics, economic uncertainties, and the role of the U.S. Strategic Petroleum Reserve in mitigating price shocks during emergencies.

As of July 27, 2026, Brent crude oil priced at $90.43 per barrel, down $2.22 from the previous day but up $21.92 over the past year. The article explains factors influencing oil prices, including supply and demand, geopolitical events, and the role of the U.S. Strategic Petroleum Reserve in stabilizing prices during emergencies.

Oil prices fell in early trading after the United States and Iran paused military strikes in the Persian Gulf, leading to a 4.9% drop in Brent crude oil prices. The conflict in the Middle East and concerns over the Strait of Hormuz's safety have disrupted oil shipments, pushing prices higher this month.

Oil prices declined after the U.S. and Iran avoided military strikes in the Persian Gulf for a second consecutive day. Brent crude fell 4.9% to $92.02, following a 3.9% drop on Friday, as concerns over shipping through the Strait of Hormuz eased temporarily. Attacks on Saudi oil tankers in the Red Sea and ongoing regional tensions, however, have kept pressure on alternative shipping routes.

Oil prices declined after the U.S. and Iran avoided military strikes in the Persian Gulf, with Brent crude falling 4.9% to $92.02. The drop followed heightened regional tensions and concerns over disrupted oil shipments through the Strait of Hormuz, though alternative routes like the Red Sea also face risks. Elevated oil prices have raised gasoline costs and inflation concerns, influencing bets on potential Federal Reserve interest rate hikes.

As of July 24, 2026, the price of oil was $97.04 per barrel, down $1.45 from the previous day but $27.50 higher than a year prior. The article highlights factors influencing oil prices, including supply and demand dynamics, economic concerns, and the role of the U.S. Strategic Petroleum Reserve in mitigating supply shocks.

The U.S. military announced new strikes on Iran amid escalating clashes over control of key shipping routes, including the Strait of Hormuz. Iran-backed Houthi rebels in Yemen attacked two Saudi oil tankers in the Red Sea, while U.S. President Donald Trump threatened 'major military punishment' against the Houthis, citing their ties to Iran.

Brent crude oil surged to $100 a barrel for the first time since May due to reports of Red Sea attacks. Fresh strikes in the Red Sea raised fears that a second critical shipping route in the Middle East could be compromised.

Brent crude oil prices exceeded $100 per barrel due to attacks on Saudi oil tankers in the Red Sea, while Tesla and Alphabet's stock declines pulled down Wall Street indices like the S&P 500 and Nasdaq. Rising oil prices threaten to worsen inflation, potentially prompting central banks to raise interest rates.

The U.S. House passed a resolution directing President Donald Trump to end hostilities with Iran, but the measure is symbolic as Trump is unlikely to sign it. The vote was 214-208, with four Republicans joining Democrats, and the Republican-led Senate's stance remains uncertain. The resolution requires troop withdrawal unless Congress authorizes military force, amid rising oil prices and debates over congressional authority.

Brent crude oil prices exceeded $100 per barrel due to increased Middle East conflicts, while Tesla and Alphabet's stock declines led to a broader Wall Street downturn. Rising oil prices threaten to accelerate inflation, potentially prompting central banks to raise interest rates, which could slow economies and harm stock markets.

Oil prices rose to nearly $100 a barrel after attacks on Saudi oil tankers in the Red Sea, with Brent crude climbing 6.1% to $99.78. U.S. President Donald Trump threatened military action against Houthi rebels in Yemen, who are backed by Iran, over the attacks, which could disrupt global oil flows alongside the Strait of Hormuz. Rising oil prices risk accelerating inflation and prompting central banks to raise interest rates, affecting economies and investments.

Brent crude oil prices briefly exceeded $100 per barrel due to Middle East conflicts threatening oil transport routes, while Tesla and Alphabet led Wall Street declines. The S&P 500 dropped 0.8%, and rising oil prices raised inflation concerns, potentially influencing central bank interest rates.

Yemen's Iran-backed Houthi rebels attacked two Saudi oil tankers in the Red Sea, threatening to widen regional conflict as oil prices surged. President Trump warned of 'major military punishment' against Iran if attacks continue, amid escalating tensions over control of key shipping routes.

Asian stock indices such as the Kospi and Nikkei rose, driven by AI-related investments and geopolitical tensions pushing Brent crude oil above $96. The U.S. dollar strengthened against the yen amid expectations of diverging interest rates between the U.S. and Japan.

Oil prices rose 3% amid ongoing Iran war tensions, while U.S. stocks showed mixed performance. The S&P 500 gained 0.1%, the Dow rose 0.3%, and the Nasdaq fell 0.1% as companies like Philip Morris and AT&T saw gains, while GE Vernova declined. Rising oil prices, reaching $93.85 per barrel, increased business costs and pressured markets.

Oil prices increased 3% due to ongoing conflict with Iran, while U.S. stock markets showed mixed performance. The S&P 500 remained flat, the Dow rose 0.3%, and the Nasdaq fell 0.4%. Companies like Philip Morris International, AT&T, and Super Micro Computer saw gains, while GE Vernova dropped 7.3%.

Stocks of AI-focused chip companies and other tech firms declined, dragging down Wall Street indices like the S&P 500 and Nasdaq. Crude oil prices surged nearly 3% amid escalating U.S.-Iran conflict and shipping disruptions in the Strait of Hormuz. Super Micro Computer and AT&T saw significant stock gains due to earnings previews and profit expectations.

The price of oil is $95.47 per barrel as of July 22, 2026, reflecting a $1.06 increase from the previous day and a $26.50 rise compared to the same time last year. Factors influencing oil prices include supply and demand dynamics, economic uncertainties, and the role of the U.S. Strategic Petroleum Reserve in mitigating price shocks.

US stock indexes rose on July 21, 2026, with the S&P 500 up 0.9%, the Dow Jones up 0.7%, and the Nasdaq up 1.3%, driven by gains in AI-related companies like Micron Technology and Nvidia. Brent crude oil prices approached $92, pushing Treasury yields higher due to ongoing Iran war attacks.

AI stocks and broader market indices like the S&P 500, Dow, and Nasdaq rose as Wall Street gained momentum. Brent crude oil prices approached $92 amid US-Iran tensions, raising inflation concerns. Strong earnings from companies like 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.

AI stocks and broader market indices like the S&P 500 and Nasdaq rose as investors bet on AI growth, despite rising Brent crude oil prices near $92 due to U.S.-Iran tensions. Strong earnings from companies such as 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.

The U.S. and Iran are escalating airstrikes over the Strait of Hormuz, collapsing an interim ceasefire and raising U.S. gasoline prices. The Trump administration plans to reopen the U.S. Embassy in Libya with $41 million allocated for security, while AI stocks continue to rise despite Brent crude oil surpassing $90 per barrel due to ongoing conflicts.

AI stocks like Micron Technology and Advanced Micro Devices led market gains as the S&P 500, Dow Jones, and Nasdaq rose. Brent crude oil surpassed $90 per barrel due to U.S.-Iran tensions, raising inflation and interest rate concerns. Strong earnings from 3M, Hasbro, and General Motors offset declines in Danaher and D.R. Horton.

As of July 21, 2026, oil is trading at $89.93 per barrel, up $1.71 from the previous day and $20.50 higher than a year ago. The article explains factors influencing oil prices, including supply and demand, geopolitical risks, the U.S. Strategic Petroleum Reserve, and the link between oil and natural gas markets.

Wall Street saw a slight rebound as AI-related stocks recovered from recent sharp declines, with the S&P 500 rising 0.3% and the Nasdaq up 0.5%. Companies like Nvidia and Sandisk gained ground, while concerns about AI-driven spending sustainability and inflation pressures lingered ahead of key corporate earnings reports.

The US launched a ninth night of strikes targeting Iran after confirming the death of an American service member in Iraq. The attack followed a controlled detonation of an Iranian drone, and Brent crude oil prices rose above $90 a barrel amid the Hormuz strait standoff.

Major US stock indexes declined sharply on July 17, 2026, with the S&P 500 down 1%, the Dow Jones Industrial Average down 0.8%, and the Nasdaq composite down 1.4%. The sell-off in AI-related stocks, particularly affecting Nvidia and chip companies, contributed to global market declines, while Brent crude oil prices rose 4.6% amid Iran war concerns.

As of July 17, 2026, oil was priced at $86.09 per barrel using Brent as the benchmark, reflecting a $1.45 increase from the previous day and a $16 rise compared to a year ago. The article highlights factors influencing oil prices, including supply and demand dynamics, economic uncertainties, and the role of the U.S. Strategic Petroleum Reserve in mitigating price shocks.

As of July 16, 2026, the Brent crude oil price is $84.64 per barrel, down $1.28 from the previous day but $15.38 higher than a year earlier. Oil prices are influenced by supply and demand dynamics, with declines often lagging in their impact on gas pump prices due to the 'rockets and feathers' effect.