Brent crude falls to $87.41, down 3.1% from previous close
Brent crude oil traded at $87.41 per barrel as of 7:15 a.m. Eastern on August 26, a decrease of $2.80 from the prior day. The price is roughly $20 higher than a year ago, with supply and demand remaining the primary drivers. Gas pump prices incorporate refining, distribution, taxes, and station margins, with crude typically representing over half the cost.
This summary is AI-generated and original to Mobble; the linked article is the authoritative source.
Original headline: “Current price of oil as of August 26, 2026.” Browse more stories.