Markets · Commodity markets, October 8
Iran tensions drove today's energy rally
Thursday, October 8, 2026. From GEO's evening brief, after the close.
Brent settled at $104.28/bbl, up 4.07%, and WTI rose 3.64% to $91.49/bbl after President Trump's warning to Iran rattled the oil market, Fox Business reports. ULSD led refined products, up 5.63% to $4.8829/gal. Outside energy, sugar was the weakest of the softs, down 3.07% to 20.19¢/lb.
What moved
Change from the prior settle, at the time of the evening brief.
| Crude | |
|---|---|
| WTI | +3.64% |
| Brent | +4.07% |
| Refined | |
| RBOB | +2.53% |
| ULSD | +5.63% |
| Nat Gas | |
| Henry Hub | −1.09% |
| Metals | |
| Gold | +0.39% |
| Silver | −1.44% |
| Copper | −1.22% |
| Platinum | −0.47% |
| Palladium | −0.14% |
| Agriculture | |
| Corn | −0.35% |
| Soybeans | −0.77% |
| Wheat | −0.47% |
| Cotton | −0.05% |
| Sugar | −3.07% |
| Coffee | −1.66% |
| Cocoa | +0.63% |
| Livestock | |
| Lean Hogs | −0.72% |
| Live Cattle | −0.10% |
| US dollar index | |
| Dollar index (DXY) | −0.13% |
Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.