Top Stories· August 17, 2026 at 10:00 a.m.
Oil Prices Reach $91.53 Per Barrel on August 17, 2026
Key takeaways
- Oil price is $91.53 per barrel on August 17, 2026
- Price increase of approximately $25.65 over the past year
- Oil prices are influenced by supply and demand factors, geopolitical events, and administrative policies
As of 6 a.m. Eastern Time on August 17, 2026, oil sold for $91.53 per barrel, marking an increase of 86 cents from the previous day and approximately a $25.65 rise over the past year. The current price is influenced by supply and demand factors, including geopolitical events and decisions made by OPEC+. In the U.S., prices also respond to administrative policies regarding drilling, such as the Trump administration's move in 2025 to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing.
