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TODAY'S MARKET INTELLIGENCE

Global Oil Prices Lead Asset Gains in October; Brent Up 13.6% to Above $112

Published: 2026-10-31 10:45:00Category: financeHeat: 90

English summary

International oil prices surged in October, with Brent crude rising 13.6% and WTI gaining 15.2%, both closing at multi-month highs. Geopolitical events such as tanker attacks in the Strait of Hormuz and US evacuations from Saudi Arabia boosted supply risk premiums, increasing market volatility despite higher Saudi exports.

The English text is machine translated and may require verification against the Chinese version.

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