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Current price of oil as of August 18, 2026

First publishedAug 18, 11:00 UTC
Last updatedAug 18, 15:11 UTC · 12m ago
11 outletFortune
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Current price of oil as of August 18, 2026
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Answer

Eastern Time today, oil is trading at $92.42 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 89 cents above yesterday morning’s level and $25.68 higher than where it stood a year ago.

Reported by 1 outlet Fortune. See all sources ↓

Eastern Time today, oil is trading at $92.42 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 89 cents above yesterday morning’s level and $25.68 higher than where it stood a year ago. No one can say for sure where oil prices will go next. Many forces shape the market—but at the core, it’s still about supply and demand.

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In brief
What's the story?
Eastern Time today, oil is trading at $92.42 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 89 cents above yesterday morning’s level and $25.68 higher than where it stood a year ago.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
12m ago.
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    Current price of oil as of August 18, 2026

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