Markets · Commodity markets, October 12
Escalating Gulf tensions lifted crude as Iranian strikes in Hormuz increased and fresh explosions hit Riyadh
Monday, October 12, 2026. From GEO's evening brief, after the close.
WTI settled at $93.74/bbl, up 2.06%, and Brent rose 1.84% to $106.65/bbl. The strength did not extend across energy: Henry Hub fell 1.65% to $3.167/MMBtu and ULSD slipped 0.32%. Gold fell 0.61% to $4,190.60/oz, while sugar led agriculture, up 3.01% to 20.86¢/lb.
What moved
Change from the prior settle, at the time of the evening brief.
| Crude | |
|---|---|
| WTI | +2.06% |
| Brent | +1.84% |
| Refined | |
| RBOB | −0.11% |
| ULSD | −0.32% |
| Nat Gas | |
| Henry Hub | −1.65% |
| Metals | |
| Gold | −0.61% |
| Silver | −0.88% |
| Copper | +0.82% |
| Platinum | +0.01% |
| Palladium | −0.40% |
| Agriculture | |
| Corn | +0.68% |
| Soybeans | −0.33% |
| Wheat | +0.19% |
| Cotton | +0.06% |
| Sugar | +3.01% |
| Coffee | +1.03% |
| Cocoa | +0.02% |
| Livestock | |
| Lean Hogs | +0.81% |
| Live Cattle | −0.20% |
| US dollar index | |
| Dollar index (DXY) | +0.34% |
Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.