CVX, OXY & XOM: The Next Big Move in Oil Could Be Just Getting Started
5 Articles
5 Articles
Analysts see room for Brent to rise by even $10-15 – Focus on US-Iran negotiations and the restoration of global energy flows
CVX, OXY & XOM: The Next Big Move in Oil Could Be Just Getting Started
Brent crude has swung from $138 to the high $60s and back again in 2026, and three U.S. oil majors are riding that chaos to gains Wall Street did not see coming. The real question is whether the move that already happened is just the warmup.
Current price of oil as of August 10, 2026
As of 7:15 a.m. Eastern Time today, oil sold for $87.55 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 11 cents higher than yesterday morning and approximately a $21 rise over the past year. Oil price per barrel% ChangePrice of oil yesterday$87.44+0.12%Price of oil 1 month ago$76.47+14.48%Price of oil 1 year ago$66.82+31.02% Will oil prices go up? It’s impossible to predict the future of oil prices. Several f…
Brent is over $86 for the first time since the beginning of Abb. Oil prices have risen in today's Monday dealings, exceeding the level of $86 per barrel, recording its highest level...
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