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Commodities

Oil Prices Surge on August 31, Crude Hits $85.76

Guavy AI Editorial Team
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Oil Natural Gas
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The oil market experienced some fluctuations on August 31, 2026, according to the Odessa American's daily price report. The crude oil price rose by 2.36 points to reach $85.76.

Additionally, natural gas prices increased by 1.63% to $2.935 per unit. In contrast, gasoline prices dropped by 0.23% to $3.4820 per gallon.

The spreads for October and November crude oil futures rose by 1.70 points, while the spread between November and December futures increased by 1.99 points.

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