What will WTI Crude Oil (WTI) hit in October 2026?
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(Reuters) - Oil prices fell on Tuesday, October 13, after jumping nearly $2 a barrel in the previous session, as traders assessed supply risks stemming from attacks on Saudi Arabia and the potential for increased diesel supplies from Russia. Brent crude futures fell about 1.3% to $105.29 a barrel, while U.S. crude futures dropped 1.4% to $92.41 a barrel. U.S. President Donald Trump said Russia had agreed to supply diesel to global markets and that his administration had temporarily lifted U.S. sanctions on Russian fuel, sanctions designed to deprive Moscow of revenue it could use in its war with Ukraine. The additional supplies could help ease tight fuel markets, reducing some of the supply concerns that have recently supported crude prices. Last
World oil prices on October 13 World oil prices as of Tuesday morning fell after rising by almost two dollars per barrel in previous trades. As of Tuesday morning, WTI crude oil futures fell by 1.63%, to $92.21 per barrel. The price of Brent crude oil fell by 1.52% in the latest trades, to $105.03 per barrel. The price of Urals crude oil fell, according to trading data. The price of Russian Urals crude oil fell 8.47% to $118.23 per barrel. The day before, oil prices rose by almost two dollars per barrel. Market participants are assessing the risks of supply disruptions amid attacks on Saudi Arabia's energy infrastructure, as well as the prospects for increased supplies of Russian diesel fuel to the global market.
Global oil prices rose about 2 percent on Monday, hitting their highest level in nearly two weeks, with Brent crude at $106.80 a barrel and U.S. crude at $93.78 a barrel, the OilPrice website reported.
Oil prices 106
Oil 106 [in reply to: Oil prices rise to $105 per barrel.]
Middle East Tensions Remain High At Start Of Week. Brent Is Likely To Stay Above $100 A Barrel.. • The weekend saw attacks on shipping in Hormuz and airports in Saudi Arabia, which are likely to keep oil prices high.
US crude futures fell by more than a dollar to $90.79 a barrel in today's trading.
Oil rises after reports White House weighing Iran strikes Oil prices rose amid reports on Thursday that the White House is weighing new strike options on Iran, less than a month before the November elections. Brent crude, the global benchmark, increased to $104.60 per barrel with a 4.4 percent jump on Thursday morning. The U.S. benchmark, West Texas Intermediate (WTI), jumped 3.91 percent and…
Oil price reaches $105 nournews.ir @Nournews_IR
Oil rises amid fears of renewed US military escalation against Iran.. Hamza Al-Kaoud, Deputy Director for the Middle East at BMI, Fitch Solutions: Military escalation could push oil prices to $120 before inflationary pressures force a cooling-off. Reaching a diplomatic solution by the end of 2026 could bring crude prices back down to the $90-$95 range. Geopolitical concerns and political uncertainty in Washington are preventing oil from falling below the $90 mark. @GaoodH
@Noufhijazi_bn
#MarketsOpening
#AlArabiyaBusiness For more analysis and economic news, follow "Al Arabiya Business" live on YouTube
Oil price gains retreat despite easing supply concerns/Gold
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Reuters: Brent crude futures rose 27 cents, or 0.3 percent, to $100.59 a barrel at around 03:30 GMT. U.S. West Texas Intermediate crude futures rose 30 cents, or 0.3 percent, to $89.73. Spot gold fell 0.3 percent to $4,128.83 an ounce, while U.S. gold futures were little changed at $4,155.90.
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#IRNA_World @IRNA_1313
NY crude oil futures market continues to fall, closing in the $89 range.
Oil prices declined during today's session, but Brent crude remained above $100 a barrel, while WTI fell below $90. #Arabic_Business
Brent crude prices fell 2.2 percent to $100 a barrel, while US crude dropped 3.8 percent to around $89 amid European moves to draw on strategic fuel reserves and improved Middle East supplies.
[UPDATE] Oil prices fall on report of potential diesel, crude stock release; Brent back below $100 (first reported at 2026-10-02T08:37:15+0000)
The tanker was targeted for violating and passing through the Strait of Hormuz without Iranian permission. Oil prices are currently fluctuating around $104, and energy geopolitical analyst Gregory Berui believes that the oil market cannot be cured with words and that the current situation could push oil prices to $130 if things continue as they are.
U.S. CRUDE PRICES FALL AS HORMUZ EXPORTS RISE • • Regional U.S. crude prices weakened as rising exports through the Strait of Hormuz eased concerns over global supply tightness. WTI remained rangebound in the mid-$90s/bbl. • • Houston averaged $98.46, down $6.01, while Midland fell $4.68 to $97.35 and LLS dropped $7.77 to $100.10. • • ANS bucked the trend, rising $3.94 to $107.84.
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What will WTI Crude Oil (WTI) hit in October 2026?