Commodities
Oil Price Dips to $90.21 as Global Demand Remains Volatile
The current price of oil as of August 25, 2026 is $90.21 per barrel, according to the Brent benchmark.
This represents a decrease of $3.91 from yesterday's level and an increase of $21.40 from where it stood a year ago.
The price of oil has historically been influenced by supply and demand, as well as geopolitical events such as wars and recessions.
The Brent benchmark is considered a better indicator of global oil performance than other benchmarks, such as West Texas Intermediate (WTI).