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Oil prices rise for the fifth consecutive day: WTI is up 11%, while Brent approaches $89

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Oil prices rise for the fifth consecutive day: WTI is up 11%, while Brent approaches $89

Oil prices rise for the fifth consecutive day: WTI is up 11%, while Brent approaches $89Oil prices are rising for the fifth consecutive day amid a lack of progress on reopening the Strait of Hormuz and an expectedcrude supply shortage. The IEA forecasts a deficit of 1.8 million barrels per day in the third quarter of 2026.

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14 of August 2026

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