Oil rises by over 1%, with Brent reaching $88.52 per barrel

Oil rises by over 1%, with Brent reaching $88.52 per barrel

NEW YORK, 15th August, 2026 (WAM) -- Crude oil prices climbed over 1% to settle higher on Friday.

Brent futures gained $1.45, or 1.67%, to settle at $88.52 a barrel, while US West Texas Intermediate (WTI) finished at $82.40 a barrel.