Oil Prices Surge Above $100 Per Barrel Amid Middle East Supply Concerns

The price of oil climbed above $100 per barrel on September 14, 2026, according to TradingEconomics. The commodity page reported that crude oil rose to $102.42 per barrel, a 2.37% increase from the previous day.

Brent crude was higher still, with TradingEconomics' Brent page showing it at $108.24 per barrel, a 3.47% gain from the previous day. This wider gap between international Brent and U.S. WTI benchmarks has been observed in recent market updates.

Analysts have pointed to Middle East supply concerns and outages as contributing factors to the price increase. Reuters reported that Brent crude futures settled at $104.61 a barrel earlier in the week, citing tight supply that pushed prices higher.