Murphy Oil is trading 4.3% up at $38.44 after crude oil prices climbed to three-week highs on August 20, 2026, amid concerns that the Iran conflict will continue disrupting Middle Eastern supply.
- Brent rose 2.7% to $94.06; October WTI gained 2.9% to $86.80.
- The move appears sector-driven; broader energy stocks benefited, while the weaker market limited risk appetite.
- No new Murphy Oil announcement was identified on August 20, 2026. Recent earnings and exploration updates are secondary context. Confidence: medium.