Oil Prices Today: What WTI and Brent Mean for U.S. Gas Prices

WTI and Brent crude oil prices determine what you pay at the pump because crude accounts for roughly 50-60% of your final gasoline cost.

WTI and Brent crude oil prices determine what you pay at the pump because crude accounts for roughly 50-60% of your final gasoline cost.

As of May 8, 2026, crude oil prices remain volatile and elevated, with West Texas Intermediate (WTI) crude trading at $94.

Drivers watching their gas pump prices surge today are witnessing a direct consequence of geopolitical conflict 6,000 miles away in the Strait of Hormuz,...

Yes, Middle East conflict poses a genuine threat to push gas prices significantly higher in 2026.

Oil prices remain elevated and volatile due to ongoing tensions between the United States and Iran, with markets balancing between ceasefire signals and...

Rising crude oil prices will almost certainly push gasoline prices higher at the pump, potentially forcing national averages toward $4 per gallon in some...

Arizona drivers are watching oil prices because crude oil represents more than half the cost of every gallon at the pump, and Arizona imports nearly all...

As of May 2026, North Carolina motorists are paying an average of $4.13 per gallon for regular unleaded gasoline, significantly higher than the national...

Gas prices across Michigan continue to climb, with the statewide average hovering between $4.765 and $4.86 per gallon as of May 8-10, 2026.

Georgia drivers are paying an average of $4.09 per gallon for regular unleaded gasoline as of May 2026, with prices in the Atlanta metro area exceeding $4.