Oil Market Weekly Update: What Happened This Week? (August 10–14, 2026)
Market Overview The Oil Market Weekly Update for August 10–14, 2026 was dominated by one major theme: geopolitical supply risk versus weakening demand fundamentals. Crude oil prices started the week with a sharp recovery as uncertainty surrounding the Strait of Hormuz increased. On Monday, September WTI futures jumped 5.1% to $82.13 per barrel, while October Brent futures gained 5.0% to…



