As of April 21, 2026, Brent crude is trading at $96.32 per barrel, up slightly from the previous day but nearly $30 higher than one year ago. Despite a 10% decline over the past month, the market remains vulnerable to shifts in supply and demand, as well as geopolitical risks like war or recession. Crude oil costs continue to represent more than half the price of consumer gasoline, though pump prices often fall more slowly than they rise. To counter potential supply shocks, the U.S. continues to utilize the Strategic Petroleum Reserve. Read the full story at Fortune (subscription).
Source · Fortune
