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April 7, 2026 Today in Energy ›

Crude oil and petroleum product prices increased sharply in the first quarter of 2026 ›

Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering crude oil prices, petroleum product prices, and refinery inputs. More

daily Brent and WTI crude oil futures prices, delivery dates aligned

Data source: CME Group, Bloomberg L.P.


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Release schedule: The wpsrsummary.pdf, overview.pdf, and Tables 1-14 in CSV and XLS formats, are released to the Web site after 10:30 a.m. EST on Wednesday. All other PDF and HTML files are released to the Web site after 1:00 p.m. EST on Wednesday. For some weeks which include holidays, releases are delayed by one day. (schedule)

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