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Markets · Commodity markets, October 16

Tanker attacks in the Strait of Hormuz are lifting energy prices

Friday, October 16, 2026. From GEO's evening brief, after the close.

WTI is trading at $101.84/bbl, up 3.95%, and Brent is at $109.69/bbl after touching a five-month high above $110. Refined products followed, with RBOB up 1.75% at $3.2357/gal and ULSD at $4.8932/gal. Henry Hub moved the other way, down 3.68% to $3.117/MMBtu.

What moved

Change from the prior settle, at the time of the evening brief.

Crude
WTI+3.95%
Brent+3.56%
Refined
RBOB+1.75%
ULSD+0.98%
Nat Gas
Henry Hub−3.68%
Metals
Gold+0.40%
Silver−0.04%
Copper+0.08%
Platinum+1.12%
Palladium−1.20%
Agriculture
Corn−0.78%
Soybeans−0.20%
Wheat−1.53%
Cotton−0.07%
Sugar−1.33%
Coffee+3.65%
Cocoa−2.49%
Livestock
Lean Hogs+0.45%
Live Cattle+0.53%
US dollar index
Dollar index (DXY)−0.22%

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