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Oil price rises to $89.68 per barrel, up 32% from a year ago

Brent crude reached $89.68 per barrel on August 27, 2026, up $2.27 from the previous day and about $21.90 above its price a year earlier. The increase reflects ongoing supply concerns and geopolitical tensions affecting global energy markets.

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Brent crude reached $89.68 per barrel on August 27, 2026, up $2.27 from the previous day and about $21.90 above its price a year earlier. The increase reflects ongoing supply concerns and geopolitical tensions affecting global energy markets.

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