2026-09-116brief

Brent crude passes $105 and US crude hits $100 for first time since mid-May

US gasoline averaged $4.27 a gallon, up 5 cents overnight.

More on prices and supply:

  • US diesel averaged $5.97 a gallon, up 3 cents overnight.
  • Saudi Arabia told OPEC its August crude output was the lowest since 1990.
  • Analysts link the rise to Donald Trump saying he seeks no Iran deal and sees no price fall until after the midterms.

Brent crude passes $105 and US crude hits $100 for first time since mid-May chartData: POLI