business
US stocks edge further from their record after oil prices rise
Summary by The Odessa Editorial Desk Associated Press , as published by Odessa American (oaoa.com)
· August 17, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
Story provenance No corrections
Summary created by The Odessa Editorial Desk — automated, rule-governed Byline on source page Associated Press, as published by Odessa American (oaoa.com) Original story Read at the source Source published Aug 17, 2026 Indexed here Aug 17, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key points 5 percent on Monday, although it remains near its all-time high. The price of Brent crude increased by 2.
US stocks have moved further away from their record highs due to rising oil prices. The S&P 500 fell by 0.5 percent on Monday, although it remains near its all-time high.
The Dow Jones Industrial Average and the Nasdaq composite also dropped, with losses increasing in the afternoon as oil prices rose. The price of Brent crude increased by 2.7 percent to $90.87 per barrel.
Further details on the stock market and oil price changes are available from the Odessa American's source. The changes in oil prices are attributed to uncertainty about the global flow of crude, but specific outcomes are not yet known.
More business Today’s briefing Local events
Why this matters
Local business news drives decisions about where to shop, where to invest, and where to apply for jobs. The Odessa covers openings, closings, expansions, and economic shifts because each one ripples through the community.
About this story
As published by Odessa American (oaoa.com) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Odessa American (oaoa.com) . Have a tip or correction? Contact our newsroom .
Category: business Published: August 17, 2026 Source: Odessa American (oaoa.com) Reading time: 1 min
Frequently asked about this story
What is this story about? US stocks have moved further away from their record highs due to rising oil prices. The S&P 500 fell by 0.5 percent on Monday, although it remains near its all-time high. The Dow Jones Industrial…
When was this published? This article was first published on August 17, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Associated Press at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Odessa, or browse our daily briefing and topic hubs .
← Back to all news
More business →
Today’s briefing
Subscribe to newsletter
