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Finance

Current price of oil as of August 6, 2026 - Fortune

Current price of oil as of August 6, 2026 Fortune

Source: Fortune · August 6, 2026 at 5:06 PM · AI-assisted report

Current price of oil as of August 6, 2026 - Fortune

Photo: Wikimedia Commons

KUALA LUMPUR, 7 AUGUST 2026 —

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By 7 a.m. Eastern Time today, oil had reached $83.64 per barrel, measured using the Brent benchmark. That’s 8 cents less than it cost yesterday morning and about $16.10 above its price a year earlier.

Reporting by Fortune forms the basis of this account, which remains open as the story develops.

Global development — watch for knock-on effects on oil prices, the ringgit, and KLCI risk sentiment.

Global markets feed through to Malaysia via commodity prices, the ringgit, and risk appetite in emerging markets, so the story matters at home.

It falls under the desk's finance beat, tracking the institutions and policy decisions that move the domestic economy.

Malaysia Impact

Global development — watch for knock-on effects on oil prices, the ringgit, and KLCI risk sentiment.