Commodities

Brent Crude Holds Steady at $87.31 After 7-Day Surge of 7.16%

Brent Crude Oil ended August 16, 2026 essentially unchanged on the day but remains sharply higher over the past week.

By Love Wallet · August 16, 2026

Brent Crude Holds Steady at $87.31 After 7-Day Surge of 7.16%
Price
$87.31
24h
0.00%
1 week
+7.16%
1 month
+1.13%

Brent Crude Oil settled at $87.31 on August 16, 2026, posting a 24-hour change of 0.00% as price action paused following a notable run-up over the prior seven days.

The commodity recorded a 7.16% gain over the past week, reflecting a sustained period of buying pressure that pushed prices meaningfully higher in a relatively short window of time.

Zooming out to the 30-day window, Brent is up 1.13%, suggesting that while the weekly move was sharp, the broader monthly trend represents a more modest net advance from levels seen roughly a month ago.

Market capitalization data is not available for Brent Crude, consistent with its status as a commodity benchmark rather than a publicly traded equity instrument.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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