Markets · Commodity markets, August 14

Geopolitical risk drove energy and grains higher

Friday, August 14, 2026. From GEO's evening brief, after the close.

WTI climbed 1.42% to $82.40/bbl and Brent 1.75% to $88.59/bbl after Trump's Strait of Hormuz statement, per Al Jazeera. Wheat led agriculture up 3.26% to 674.00¢/bu on Black Sea uncertainty, with corn up 2.49% to 483.75¢/bu. Gold firmed 0.26% to $4,432.00/oz on a softer dollar.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.