As of April 20, 2026, Brent crude oil is trading at $96.26 per barrel, down 72 cents from the previous day. While prices have retreated nearly 14% over the last month, the benchmark remains roughly 43% higher than its level one year ago. These valuations are dictated by supply and demand, with volatility often spurred by economic instability. Crude oil accounts for over half of retail gasoline costs; however, pump prices often rise quickly and decline slowly due to supply chain complexities. Read the full story at Fortune (subscription).
Source · Fortune
