Oil Prices
Oil Prices Today: WTI Near $76 and Brent Near $80 as Traders Weigh Hormuz Talks and Mixed EIA Inventory Data on August 5, 2026
Oil prices dipped on August 5, 2026, with WTI near $76 and Brent near $80 as potential U.S.-Iran negotiations over the Strait of Hormuz offset a highly mixed EIA inventory report and fresh tanker strikes.