{"id":18124,"date":"2026-08-19T11:17:49","date_gmt":"2026-08-19T11:17:49","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=18124"},"modified":"2026-08-19T11:17:49","modified_gmt":"2026-08-19T11:17:49","slug":"global-crude-oil-prices-today-august-19-2026-brent-crude-rises-to-91-79","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/18124\/","title":{"rendered":"Global crude oil prices today (August 19, 2026) \/ Brent crude rises to $91.79"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Brent crude futures rose 77 cents, or 0.85%, to $91.79 a barrel. U.S. West Texas Intermediate (WTI) crude futures climbed 85 cents, or 1%, to $85.79 a barrel.<\/p>\n

Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and ongoing supply disruptions supported the market.<\/p>\n

Brent crude futures climbed 77 cents, or 0.85%, to $91.79 by 0948 GMT, while U.S. West Texas Intermediate crude futures were up 85 cents, or 1%, to $85.79 a barrel.<\/p>\n

Brent crude hit its highest level since July 30 and WTI reached its highest since July 31.<\/p>\n

\u201cConfidence in safe passage remains low, with shipping volumes still running well below normal levels. That persistent uncertainty continues to keep a geopolitical risk premium embedded in the oil price,\u201d KCM chief market analyst Tim Waterer said.<\/p>\n

U.S. President Donald Trump said on Tuesday that no talks were taking place with Iran and that the Strait of Hormuz was open, contradicting Iran, which said the waterway remained shut.<\/p>\n

A temporary ceasefire agreement expired on Monday and a senior Iranian official told Reuters that his country was moving to a new phase due to the diplomatic stalemate, though there were no reports of strikes by either side on Tuesday.<\/p>\n

Shipping uncertainty persists in Hormuz<\/p>\n

The Strait of Hormuz carried about one-fifth of global oil and liquefied natural gas supplies before the U.S.-Israeli war on Iran began at the end of February. Its disruption remains a central concern for energy markets.<\/p>\n

\u201cCommercial shipping through Hormuz continues to face near full disruption while disagreements persist over the conditions governing maritime traffic,\u201d said Ahmad Assiri, research strategist at brokerage Pepperstone.<\/p>\n

Shipping through Hormuz slowed, data showed on Wednesday, as most shipowners avoided the waterway because of the uncertainty.<\/p>\n

Iraq\u2019s cabinet approved mechanisms for exporting Iraqi crude through specialised international and local companies and via multiple export outlets, the government said on Tuesday.<\/p>\n

The contracts under the new mechanism will run for three months starting September 1, according to a statement issued after the cabinet meeting.<\/p>\n

Brent\u2019s move above $91 a barrel suggests traders are pricing in a higher risk premium, with prices potentially returning to three-digit levels, Assiri from Pepperstone added.<\/p>\n

U.S. crude oil and distillate inventories fell while gasoline stocks rose last week, market sources said, citing data from the American Petroleum Institute.<\/p>\n

Official inventory numbers from the U.S. Energy Information Administration are due at 10:30 a.m. ET (1430 GMT). Analysts polled by Reuters expect crude stocks to have fallen by about 600,000 barrels in the week ended August 14.<\/p>\n","protected":false},"excerpt":{"rendered":"Brent crude futures rose 77 cents, or 0.85%, to $91.79 a barrel. U.S. West Texas Intermediate (WTI) crude futures climbed 85 cents, or 1%, to $85.79 a barrel.","protected":false},"author":1,"featured_media":18125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47,36,19,16,35],"tags":[],"services":[],"class_list":["post-18124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/18124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=18124"}],"version-history":[{"count":1,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/18124\/revisions"}],"predecessor-version":[{"id":18126,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/18124\/revisions\/18126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/18125"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=18124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=18124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=18124"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=18124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}