FORGOTTEN HISTORY: 6 | History Defined

Crude Prices Close Higher as IEA Forecasts Tightening Inventories in Q3

September WTI crude oil (CLU26) on Wednesday closed up +0.07 (+0.08%), and September RBOB gasoline (RBU26) closed up +0.0171 (+0.55%). Crude oil and gasoline prices closed higher on Wednesday as the International Energy Agency (IEA) said in its monthly report that the global oil supply deficit will worsen, even as...

Barchart · Aug 12

Crude Prices Ease on US Crude Oil Inventory Surge

September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%). Crude oil and gasoline prices are trading lower today on the surge in US oil inventories seen in the weekly EIA inventory report. Oil prices found support today after the International Energy...

Barchart · Aug 12

IEA and OPEC split on global oil demand estimates as Strait of Hormuz closure drags

The world's two most watched oil forecasters published sharply conflicting views of 2026 on Wednesday, with the IEA deepening its call for the first annual demand decline since the pandemic while OPEC still sees consumption growing, as the closure of the Strait of Hormuz drags on.

Euronews · Aug 12

Current price of oil as of Aug. 11, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · Aug 11

Crude Prices Soar as Strait of Hormuz Reopening in Doubt

September WTI crude oil (CLU26 ) closed up +3.95 (+5.05%) on Monday, and September RBOB gasoline (RBU26 ) closed up +0.1501 (+5.03%). Crude oil and gasoline prices rallied sharply on Monday, with gasoline soaring to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

Barchart · Aug 10

Crude Prices Soar as Middle East Tensions Curb Global Oil Supplies

September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices are sharply higher today, with gasoline climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

Barchart · Aug 10

OPEC oil output rises further in July led by Gulf producers, Reuters survey shows

In July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that were previously disrupted, while Iraq reported significant production gains. Iran also managed to increase its exports, though a U.S. blockade eventually hampered shipments. Meanwhile, Libya continued to pump…

The Economic Times · Aug 10

Current price of oil as of August 10, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · Aug 10

Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices

September WTI crude oil (CLU26 ) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26 ) closed up +0.0468 (+1.59%). Crude oil and gasoline prices settled higher on Friday, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan...

Barchart · Aug 7

Crude Prices Gain as Talks Continue to Reopen the Strait of Hormuz

September WTI crude oil (CLU26 ) is up +0.76 (+0.98%) today, and September RBOB gasoline (RBU26 ) is up +0.0542 (+1.84%). Crude oil and gasoline prices are moving higher today, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan by...

Barchart · Aug 7