Here’s the latest on oil prices and a quick visual reference.
- Brent crude price: around $113 per barrel (as of early May 2026), with recent gains noted in several updates. This level reflects a notable year-over-year rise and month-over-month upticks in several press briefs.[3]
- WTI (U.S. benchmark) price: near $102 per barrel in early May 2026, with headlines highlighting volatility and daily moves in the double-digit percent range on some days. Market summaries often compare Brent and WTI to show regional price gaps driven by supply dynamics and refinery demand.[4][3]
Observations and context
- Recent momentum: oil prices have shown a generally upward trend through 2026, aided by supply discipline from major producers and improving demand signals in several economies.[3]
- Historical perspective: Brent peaked near the mid-140s in 2008, with current levels well below that, but substantially higher than a year ago as markets rebalance post-pandemic and monitor geopolitical risks.[3]
Would you like a current chart image or a downloadable CSV of the latest Brent and WTI price points with timestamps? I can fetch a chart or produce a small CSV for you. If you want, I can also summarize the latest headlines from major outlets and annotate what they imply for near-term price movements.[3]
Sources
Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts
www.oil-price.netOil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
markets.businessinsider.comCheck our updated for Oil News including real time updates, technical analysis and the economic latest events from the best source of Forex News.
www.fxstreet.comOilprices from around the world.
oilprice.comCrude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts
www.oil-price.netOil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
markets.businessinsider.comCrude Oil Price Today - Check Crude Oil Price Live Updates on The Economic Times. Find Crude Oil Price in India, Crude Oil Price Chart, Forecast, News and more.
economictimes.indiatimes.comCrude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
oilprice.comCrude Oil rose to 105.40 USD/Bbl on May 4, 2026, up 3.39% from the previous day. Over the past month, Crude Oil's price has fallen 6.24%, but it is still 84.49% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on May of 2026.
tradingeconomics.comBrent rose to 113.79 USD/Bbl on May 4, 2026, up 5.20% from the previous day. Over the past month, Brent's price has risen 3.66%, and is up 88.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on May of 2026.
tradingeconomics.com