Market instability persists due to geopolitical risks involving the US and Iran, which current trading sentiment suggests are offsetting improvements in oil flows. Brent hit session highs above $100 before settling at the final price of $102.31 on October 1.
Tuesday, October 20, 2026
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Brent Crude Settles at $102.31 and Breaks $100 Threshold
Commodities19 days ago
The prompt December 2026 crude oil contract rose 4.37% during Thursday's trading session. Brent futures climbed $4.28 to close at $102.31 per barrel, having pushed past the $100 mark earlier in the day. The prompt Brent timespread also increased by $1 to approximately $4 per barrel.
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