Brent Crude Surges 2.44% to $113.50/bbl
Brent crude closed at $113.50/bbl, up 2.44%—its largest single-day gain in three weeks; importers face higher landed costs amid sustained Middle East risk premium.
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Brent crude closed at $113.50/bbl, up 2.44%—its largest single-day gain in three weeks; importers face higher landed costs amid sustained Middle East risk premium.
Brent crude closed at $114.19/bbl, up 3.06%—its largest one-day gain in three weeks; importers face elevated landed cost; monitor Middle East risk premium persistence.
As of Oct 31, 2026, Brent crude rose 2.44% to $113.498/bbl; WTI gained 0.89% to $102.908/bbl amid escalating regional supply concerns.
Brent Crude rose 2.43% to $113.488/bbl on Oct 30, while WTI gained 2.18% to $104.225/bbl. Escalating Middle East tensions and renewed OPEC+ supply discipline drove the third consecutive daily rally.
Brent Crude rose 1.26% to $112.198/bbl on Oct 30, while WTI gained 1.25% to $103.275/bbl. Escalating Middle East tensions and renewed OPEC+ supply restraint signals drove the rally.
Brent at $110.22/bbl (-1.27%) and WTI at $101.37/bbl (-1.37%) both breached key psychological levels; weakening Q4 Asia-Pacific demand outlook is narrowing offshore re-export windows.
As of Oct 30, 2026, Brent Crude settled at $111.62/bbl (-0.02%), while WTI rose 0.84% to $102.86/bbl amid geopolitical tensions and tightening U.S. inventory expectations.
Brent eased 0.87% to $110.67 and WTI 0.73%, yet fuel oil and bitumen rose 2.13% and 3.34%. The crude-versus-products gap widened and lifted margins on heavy-end refining routes.
Brent crude settled at $112.15/bbl, up 2.50%—a three-week high—driven by supply constraints and early winter restocking; importers face immediate cost pressure.
On Oct 29, Brent crude fell 1.38% to USD 110.096/bbl and WTI dropped 1.44% to USD 101.299/bbl. Easing Middle East tensions and a stronger USD contributed to the decline.
On Oct 29, Brent crude rose 1.10% to $110.617/bbl, while WTI fell 0.89% to $101.868/bbl. Fuel oil front month surged 4.79% to ¥5,559/t; bitumen gained 3.94% to ¥5,140/t; natural rubber dipped 1.23% to ¥19,325/t.
On Oct 29, Brent crude fell 0.87% to USD 110.672/bbl; WTI dropped 0.73% to USD 102.028/bbl, pressured by rising U.S. inventories and OPEC+ supply signals.
On Oct 28, Brent Crude rose to USD 111.46/bbl (+1.87%) and WTI to USD 101.95/bbl (+2.05%). Fuel Oil front-month surged to CNY 5,405/t (+2.08%), Bitumen to CNY 5,054/t (+3.29%), hitting a 3-week high.
On Oct 28, Brent crude rose 1.49% to USD 111.044/bbl and WTI climbed 1.50% to USD 101.403/bbl — both hitting 3-month highs. Fuel oil (+2.15% to CNY 5,409/t) and bitumen (+2.41% to CNY 5,011/t) also rallied on cost-push momentum.
On Oct 28, Brent crude fell 0.96% to USD 109.682/bbl amid easing Middle East tensions, while WTI edged up 0.27% to USD 100.169/bbl. Fuel oil and bitumen prices declined 1.79% and 0.88% respectively.
Brent crude fell 1.17% to $109.45/bbl—the steepest one-day drop in three weeks; WTI slid 1.75% to $99.97/bbl. Importers gain modest pricing leverage amid easing cost pressure.
On Oct 27, Brent crude fell 0.68% to USD 109.992/bbl; WTI dropped 0.69% to USD 101.054/bbl. Easing geopolitical tensions and stronger USD weighed on sentiment ahead of the upcoming OPEC+ meeting.
Brent Crude fell 0.78% to $109.872/bbl on Oct 27, while WTI dropped 0.87% to $100.873/bbl. Easing Middle East supply concerns and a stronger USD contributed to the decline.
Brent Crude fell 1.46% to USD 110.066/bbl on Oct 27, while WTI edged down 0.25% to USD 101.509/bbl. Easing Middle East supply concerns and a stronger USD contributed to the pullback.
WTI crude closed at $103.49/bbl, up 4.04%—first above $103 since Sept 2026; geopolitical risk premium mounting, Gulf Coast export loadings expected to delay 2–3 days, impacting domestic refinery feedstock scheduling.
On Oct 26, Brent crude fell 1.63% to USD 109.879/bbl, while WTI dropped 2.17% to USD 101.027/bbl. Easing Middle East tensions and a marginally stronger USD contributed to the decline.
On Oct 26, Brent crude fell 1.99% to USD 109.478/bbl and WTI dropped 2.32% to USD 100.877/bbl—the steepest daily decline in three weeks. Easing Middle East tensions and a stronger USD contributed to the pullback.
On Oct 26, Brent crude fell 0.92% to USD 110.668/bbl; WTI dropped 1.04% to USD 102.194/bbl. Fuel oil surged 6.38% to CNY 5,349/t, while bitumen rose 3.61% to CNY 4,766/t — signaling strengthened downstream refining demand.
Brent crude rose 3.17% to $112.10/bbl—the largest single-day gain in three weeks—raising near-term import cost pressure; buyers advised to secure vessel slots and hedge FX exposure promptly.
On Oct 25, Brent crude surged to USD 112.104/bbl (+3.17%), and WTI hit USD 103.493/bbl (+4.04%) — the strongest daily gains in three months. Fuel oil front-month rose 6.38% to CNY 5,349/t.
On Oct 25, Brent crude surged to USD 112.104/bbl (+3.17%), and WTI reached USD 103.493/bbl (+4.04%) — the strongest daily gains in three months. Fuel oil front-month contract jumped 6.38% to CNY 5,349/t.
Brent crude settled at $116.46/bbl, up $3.28 (+2.91%)—its largest one-day gain in three weeks; import procurement costs rose notably, urging acceleration of near-term orders.
On Oct 24, Brent crude surged 3.17% to USD 112.104/bbl and WTI rose 4.04% to USD 103.493/bbl — the strongest daily gains in three months. Fuel oil front-month jumped 6.38% to CNY 5,349/t.
Brent crude rose 3.25% to $112.36/bbl—the strongest daily gain in three weeks—signaling elevated import cost pressure for buyers; monitor Middle East geopolitical premium sustainability.
On Oct 23, Brent crude rose 1.09% to USD 114.40/bbl and WTI climbed 1.26% to USD 100.72/bbl. Fuel oil front-month surged 5.96% to CNY 5,099/t — its strongest daily gain in three months.
Brent crude surged 3.85% to $113.012/bbl on Oct 23 — its highest in two weeks — driven by renewed Middle East supply concerns. WTI edged down 0.15% to $99.318/bbl, while fuel oil front-month rose 2.29% to ¥4,922/t.
Brent closed at $112.07 and WTI at $99.50, lifting feedstock cost nearly 3% on the day, while fuel oil rose just 2.4% and bitumen 0.53%; simple crack spreads narrowed and unhedged independents cut runs.
Brent crude surged to $111.944/bbl (+2.87%) and WTI to $99.396/bbl (+2.31%) on Oct 22, hitting 3-month highs amid Middle East supply concerns. Fuel oil front month rose 2.40% to CNY 4,911/t.
Brent crude rose 2.31% to $111.334/bbl on Oct 22, while WTI gained 2.09% to $99.183/bbl. Escalating Middle East tensions and extended OPEC+ supply curbs drove the rally.
Brent crude rose 1.26% to $110.163/bbl on Oct 22, while WTI gained 0.85% to $97.974/bbl. Escalating Middle East tensions and sustained OPEC+ supply discipline drove the rally.
Brent prints $109.93/bbl (+3.78%) and WTI $101.85/bbl (+3.96%); the synchronized move widens the Brent–WTI spread back to $8.08. Applying SNSUC's listing formula Brent × FX × 7.33 × grade (grade 1.0) lifts the delivered basis to ¥5,388/t, forcing a repricing of the seven-grade transshipment quotes.