{"id":211656,"date":"2026-08-19T11:54:01","date_gmt":"2026-08-19T06:24:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=211656"},"modified":"2026-08-19T11:54:03","modified_gmt":"2026-08-19T06:24:03","slug":"crude-oil-price-today-19-august-2026-mcx-brent-91-dollars","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-19-august-2026-mcx-brent-91-dollars\/","title":{"rendered":"Crude Oil Price Today 19 August 2026: MCX Rs 8,178, Brent $91.28 as Hormuz Risk Persists"},"content":{"rendered":"
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Crude oil price today 19 Aug 2026: MCX Rs 8,178 (+0.43%), Brent $91.28 (+0.29%), WTI $85.31. 4th consecutive day of gains. Highest since July 24. US-Iran Hormuz uncertainty.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

crude oil price today on 19 August 2026 is rising for a fourth straight day: MCX crude oil at Rs 8,178\/barrel (+0.43%), Brent at $91.28 (+0.29%), and WTI at $85.31. US-Iran geopolitical tension and Strait of Hormuz shipping uncertainty are keeping the price elevated at the highest levels since July 24.<\/p>\n<\/div>\n

Crude oil price today is rising for a fourth consecutive day on 19 August 2026, with MCX crude oil futures at Rs 8,178 per barrel (+0.43%), Brent crude at $91.28 per barrel (+0.29%), and WTI at $85.31 per barrel. The the price continues to be driven by geopolitical risk from the US-Iran confrontation and uncertainty over oil tanker traffic through the Strait of Hormuz. Both Brent and WTI are at their highest levels since July 24, 2026, as investors price in a sustained geopolitical risk premium.<\/p>\n

The key driver of the crude oil price today is the lack of clarity on Strait of Hormuz shipping access. Iran and Washington are sending conflicting signals about whether the strategic waterway is open for oil tankers, and traders are defaulting to a risk-premium stance given the uncertainty. Reports that President Trump has shifted from seeking a quick Iran deal to a sustained pressure strategy further reduce near-term hopes of diplomatic de-escalation, which would have allowed shipping to normalise. The Sensex<\/a> at 76,923.80 was reflecting some of this crude oil-related macro risk in its 0.40% decline on 19 August.<\/p>\n

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