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US crude gains 3% on October 28 as Middle East supply fears deepen
US crude gains 3% on October 28 as Middle East supply fears deepen
THURSDAY, OCTOBER 29, 2026
Oil rose on Yemen fighting and a claimed Saudi refinery strike, while US crude stocks fell 1.9 million barrels in the week to October 23.Brent drops US$1.93 a barrel on October 27 amid Iran talks
Brent drops US$1.93 a barrel on October 27 amid Iran talks
WEDNESDAY, OCTOBER 28, 2026
Brent settled at US$113.88 a barrel as Middle East talks continued, but attacks near the Strait of Hormuz kept oil supply risks in focus.Brent falls 1.34% on October 26 despite Saudi supply fears
Brent falls 1.34% on October 26 despite Saudi supply fears
MONDAY, OCTOBER 26, 2026
US crude fell to US$101.67 a barrel on October 26, while weekend Houthi attacks in Saudi Arabia kept oil supply concerns in focus.Oil jumps over US$3 a barrel on October 23 after Houthi attacks
Oil jumps over US$3 a barrel on October 23 after Houthi attacks
SATURDAY, OCTOBER 24, 2026
Brent closes at US$116.72 a barrel, its highest since 29 April, while the US approves an emergency exchange of up to 400,000 barrelsBrent rises 4% on October 22 as Houthi attacks fuel supply fears
Brent rises 4% on October 22 as Houthi attacks fuel supply fears
FRIDAY, OCTOBER 23, 2026
Saudi Aramco orders staff out of its Dhahran headquarters as Houthi attacks raise supply concerns, while a pipeline closure cuts Libyan output.Brent rises to US$110.11 a barrel on October 22 as US orders some diplomats out of Saudi Arabia
Brent rises to US$110.11 a barrel on October 22 as US orders some diplomats out of Saudi Arabia
THURSDAY, OCTOBER 22, 2026
Fresh Houthi attacks in Saudi Arabia prompt a US diplomatic drawdown as Brent gains 1.2% and WTI rises 1%, following a drop in US crude stocks.November WTI falls 1.8% to US$101.79 a barrel on October 20
November WTI falls 1.8% to US$101.79 a barrel on October 20
WEDNESDAY, OCTOBER 21, 2026
Iran's president met Pakistan's army chief in Tehran on October 20 to discuss US–Iran mediation, while energy supply risks persisted.Brent crude settles at $109.55 a barrel on Monday
Brent crude settles at $109.55 a barrel on Monday
TUESDAY, OCTOBER 20, 2026
Brent crude dipped to $109.55 a barrel on Monday following Houthi attacks on Saudi energy facilities as Gulf crude flows dropped sharply.