Brent crude rises to $102.56 per barrel
Brent crude oil was priced at $102.56 per barrel at 9:25 a.m. Eastern Time on Sept. 30, 2026, according to Fortune. The global benchmark had risen $2.37 from the previous day’s report and was about $35.87 higher than at the same time a year earlier.
Crude oil typically accounts for more than half of the retail price of gasoline, though refining, distribution, taxes and station margins also contribute to pump prices. Fortune reported that gasoline prices tend to rise quickly after oil-price increases but decline more gradually when crude becomes cheaper.