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Anderson Cooper

The price of oil settled at $105 a barrel today.

Mostly True
Confidence
Verdict confidence1
MEDIUM
Source strength2
MEDIUM
Sources
4
Correction Found
No
AI/Reviewer Agreement
Yes

Anderson Cooper stated on May 13, 2026, that oil "settled at $105 a barrel today." The two major crude oil benchmarks settled at materially different prices on that date: Brent crude settled at $105.63 per barrel and WTI crude closed at $101.02 per barrel, both confirmed by The Wall Street Journal [2]. Cooper's "$105" matches the Brent settlement to within $0.63, well within normal broadcast rounding, but does not match the WTI price at any reasonable rounding. Cooper used the generic term "oil" without specifying a benchmark. This creates a benchmark-attribution ambiguity that the broadcast itself does not resolve. A viewer hearing "oil at $105" could reasonably interpret the figure as referring to either benchmark: Brent is the primary international reference price, and WTI is the primary North American reference price [4]. Under the Brent reading, Cooper's figure is accurate. Under the WTI reading, it is not. Because the broadcast did not specify which benchmark was intended, the claim is partially supported: the figure is correct under one reasonable interpretation and incorrect under another. Same-day reporting corroborates the price picture. CNBC reported that Brent traded near $107 on May 13 [1], with prices declining through the session in what the WSJ described as choppy, technically driven trading [2]. The day after the broadcast, Brent closed at $105.72 and WTI at $101.17 [3], a spread of roughly $4 that persisted across the broadcast period. The broader point that oil prices are sharply elevated amid the Iran conflict is fully supported and consistent with the segment's reporting on energy costs as a consequence of the Iran conflict. The imprecision is specifically the absence of benchmark specification, not the magnitude or direction of the figure. In plain terms: Cooper got the price approximately right, but only for one of two reasonable readings of "oil." That is why this is MOSTLY TRUE rather than TRUE or FALSE.