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At close · Thu, Sep 3, 2026
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Home›Commodities›Energy›Oil rebounds toward $100, renewing inflation concerns

Oil rebounds toward $100, renewing inflation concerns

Brent crude is rising again, which is expected to reawaken fears that higher oil prices could lift inflation.

Reported · Written up by our desk · Energy

The New York Times Business reports that Brent crude, the international benchmark for oil, is spiking again.

The renewed rise in oil is reviving concerns about inflation, as traders and policymakers monitor how energy prices could feed into broader price pressures.

Latest closeWTI crude $90.70 ▲0.5%|Brent $95.32 ▲0.7%

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Sources

NYT BusinessThe Economic Fallout From a Potential Return to $100 Oil

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