Current Price of Oil as of Aug. 12, 2026
13 Articles
13 Articles
Current price of oil as of Aug. 12, 2026
At 6:35 a.m. Eastern Time today, the price of oil sits at $91.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of 94 cents since yesterday morning and roughly $25 more than at this time last year. oil price per barrel% ChangePrice of oil yesterday$92.54-1.01%Price of oil 1 month ago$76.56+19.64%Price of oil 1 year ago$66.52+37.70%% Will oil prices go up? Nobody can predict the future path of …
The price of Brent del Mar del Norte barrel, for delivery in October, yesterday advanced 1.36 percent, up to 88.91 dollars, after overcoming the $90 barrier during the session. Its American equivalent, the West Texas Intermediate barrel (WTI), for delivery in September, won 1.30 percent, up to 83.20 dollars. The Mexican mixture closed at 78.76 dollars per barrel.
The Middle East strikes again the markets – and pockets – of the whole world. The geopolitical situation in the region once again led to oil once again surpassing $90 per barrel and putting the world economy back in a tight spot. The price of North Sea Brent crude, world reference, reached $90.02 per barrel, representing a rise of more than 2.5% compared to Monday, while the main US contract, the West Texas Intermediate, skyrocketed 2.7% to $84.…
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In the absence of lightening on the Strait of Hormuz, the international oil prices resume to run at a sustained pace. The American Wti rises by 2.8% to 84.4 dollars per barrel, while the Brent earns 2.6% coming back to 90 dollars. (ANSA). (ANSA)
Oil prices held steady in early Asian trading today, near their highest levels in over a week. Brent crude futures were at $87.81 a barrel, while U.S. West Texas Intermediate crude futures were at $82.20. Both benchmarks rose more than 5% on Monday to their highest levels since July 31.
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