FORGOTTEN HISTORY: 6 | History Defined

Current price of oil as of Aug. 18, 2026

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

Fortune · Aug 18

Crude Prices Jump as US-Iran War at a Standstill

September WTI crude oil (CLU26) closed up +2.10 (+2.55%) on Monday, and September RBOB gasoline (RBU26) closed up +0.0860 (+2.70%). Crude oil and gasoline prices rallied to 3-week highs on Monday and settled sharply higher. Concerns that the US-Iran war will remain unresolved and keep Middle East oil supplies limited...

Barchart · Aug 17

Crude Prices Slightly Lower as Oil Supplies Transit Through the Persian Gulf

September WTI crude oil (CLU26) today is down -0.03 (-0.03%), and September RBOB gasoline (RBU26) is up +0.0219 (+0.69%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance today and turned slightly lower on signs that larger-than-expected volumes of crude oil are moving out...

Barchart · Aug 17

Crude Prices Fall as Persian Gulf Tensions Ease Slightly

September WTI crude oil (CLU26) on Thursday closed down -2.02 (-2.43%), and September RBOB gasoline (RBU26) closed down -0.0257 (-0.81%). Crude oil and gasoline prices fell on Thursday, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle...

Barchart · Aug 13

Crude Prices Undercut as Persian Gulf Tensions Ease Slightly

September WTI crude oil (CLU26) is down -0.83 (-1.00%), and September RBOB gasoline (RBU26) is down -0.0026 (-0.08%). Crude oil and gasoline prices are trading lower, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle East were...

Barchart · Aug 13

Current price of oil as of Aug. 13, 2026

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

Fortune · Aug 13

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

Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening the oil market deficit. This year's expected supply drop compares with earlier forecasts and is significant. The International Energy Agency expects a deficit of 1.8 million barrels daily over…

The Economic Times · Aug 12