Oil prices rise to one-month high, Brent settles at $93.78

Oil prices rise to one-month high, Brent settles at $93.78

NEW YORK, 21st August, 2026 (WAM) -- Oil prices rose by more than two percent at settlement on Thursday, reaching their highest levels in nearly a month.

Brent crude futures gained US$2.16, or 2.4 percent, to settle at $93.78 a barrel, their highest level since 24th July.

US West Texas Intermediate crude futures for September delivery rose $2 at settlement to $87.83 a barrel, also their highest level since 24th July.