On September 11, 2026 at 9:15 a.m., oil was trading at $105.82 per barrel on the Brent benchmark, marking a 62-cent increase from the previous day and approximately $39.25 higher year-over-year. Oil prices are primarily driven by supply and demand dynamics, but are also affected by economic recession concerns, armed conflicts, and major global disruptions. Changes in oil prices directly impact gas pump prices, though they tend to resist downward adjustments more than upward ones. The United States Strategic Petroleum Reserve can be deployed in emergencies to mitigate price increases related to supply shocks.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
