Oil prices are holding below $100 amid ceasefire hopes, but markets remain highly volatile and driven by geopolitical headlines. Physical supply is still severely constrained, with flows through the ...
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Current price of oil as of May 6, 2026
At 8:30 a.m. Eastern Time on May 6, 2026, the price of oil sits at $106.52 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s a decrease of $10.03 since yesterday ...
Dated Brent, the global benchmark for real-world, physical barrels of crude oil, reached $144.42 on Wednesday, Bloomberg reported citing S&P Global Energy Platts, its highest price on record, breaking ...
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