Oil Price Today: Brent Crude Holds Firm at $115 per Barrel, WTI Trades at $100

Oil price today: Brent crude holds firm at $115 per barrel, WTI trades at $100

After the Houthis announced a missile strike, Brent crude prices jumped to $115 a barrel, intensifying fears of oil supply disruptions from the conflict-laden Middle East. Additionally, a slight uptick in US oil inventories influenced trader responses. With expectations that OPEC+ will stick to existing output targets in their next assembly, the landscape of the oil market remains increasingly intricate, especially with ongoing apprehensions reg…

Brent Crude $115.59 on Fed Day: Bull $120, Bear $108

Updated 28 October 2026. Brent crude futures rose $1.50, or 1.32 percent, to $115.59 a barrel in Asian trade on Wednesday, with WTI up $1.47 to $101.37 (CNBC, 28 October). The bounce recovers most of Tuesday's slide of nearly $2, after Yemen's Houthis said they hit Saudi Arabia's largest refinery with a ballistic missile. Verdict: the diplomacy discount from Monday's Tehran meeting is being tested by an unconfirmed strike claim, hours before the…

Oil prices rise to $115.5 as supply risks intensify ahead of OPEC+ meeting

Oil prices rose more than 1 percent on Wednesday as renewed concerns over supply disruptions outweighed easing prices in the previous session, while investors awaited U.S. inventory data and an upcoming OPEC+ meeting. As of 5:33 GMT, Brent crude futures gained $1.58, or 1.39 percent, to $115.5 a barrel, while U.S. West Texas Intermediate (WTI) […]

Brent Crude Rises Above $116 as Middle East Tensions Escalate

Brent crude oil prices rose above $116 per barrel on Tuesday as renewed Houthi attacks on Saudi Arabia and uncertainty surrounding diplomatic efforts with Iran raised concerns about potential supply disruptions across the Middle East. By 0918 GMT, Brent crude futures had increased by 45 cents, or 0.39%, to $116.26 per barrel, while US West […]