Crude oil prices rise amid Middle East tensions
Crude oil prices rose in 3Q26, starting at $72/b and surpassing $100/b amid Middle East conflicts. Prices fluctuated between $79/b and $98/b, indicating significant market volatility driven by geopolitical tensions.
pre-market1 source ↓machine-written, see hownot a recommendation
- on July 1
- $72/b
- on July 23
- $100/b
- until September 8
- $79/b and $98/b
Petroleum markets in 3Q26 saw crude oil prices steadily climb due to renewed military strikes in the Middle East. The front-month futures price for Brent crude started at $72/b on July 1, surged past $100/b on July 23, and fluctuated between $79/b and $98/b until September 8. This volatility reflects ongoing geopolitical tensions affecting supply.
Not investment advice. For informational purposes only.