Brent Crude Oil Trades at $100.20 per Barrel on May 26
Oil sold for $100.20 per barrel at 9:15 a.m. Eastern Time, up 67 cents from the previous day. The price has risen $35.30 over the past year.
FortuneM. Eastern Time on May 26, 2026. 30 above the level recorded one year earlier.
95 per barrel. 89 price recorded one year ago.
Factors That Influence Price Oil prices respond to changes in supply and demand.
Geopolitical events, decisions by OPEC+, and shifts in drilling policy can alter expected future supply and move prices during futures-market trading hours. S. Strategic Petroleum Reserve exists to address short-term supply disruptions. Releases from the reserve can moderate price spikes during events such as sanctions, severe storms, or military conflict.
Crude oil typically accounts for more than half the retail price of gasoline. When the benchmark price rises, pump prices generally follow; when it falls, retail prices often adjust more slowly. Higher oil prices also raise costs for shipping and heating, which can contribute to broader price increases for consumer goods.
Key Facts
Story Timeline
3 events- May 26, 2026, 9:15 a.m. ET
Brent crude oil traded at $100.20 per barrel.
1 sourceFortune - May 25, 2026
Brent crude oil closed at $99.53 per barrel.
1 sourceFortune - April 26, 2026
Brent crude oil traded at $105.95 per barrel.
1 sourceFortune
Potential Impact
- 01
Higher crude prices raise the cost of gasoline and diesel fuel at retail pumps.
- 02
Elevated oil prices increase expenses for shipping and may contribute to higher consumer goods prices.
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