Markets · Commodity markets, October 23
Oil prices rise as Middle East risk lifts WTI 3.99% and Brent 3.30%
Friday, October 23, 2026. From GEO's evening brief, after the close.
Oil prices are up today on rising Middle East risk, with WTI up 3.99% and Brent up 3.30% after President Trump said the US may carry out another military operation against Iran, Reuters reports. Brent has reached its highest level since April, according to The New York Times. Henry Hub natural gas fell 6.08% on warmer weather forecasts, while gold slipped 1.24% and silver dropped 1.90%. Copper rose 1.56%, ULSD gained 1.39%, and coffee fell 2.06%.
What moved
Change from the prior settle, at the time of the evening brief.
| Crude | |
|---|---|
| WTI | +3.99% |
| Brent | +3.30% |
| Refined | |
| RBOB | +1.11% |
| ULSD | +1.39% |
| Nat Gas | |
| Henry Hub | −6.08% |
| Metals | |
| Gold | −1.24% |
| Silver | −1.90% |
| Copper | +1.56% |
| Platinum | −1.34% |
| Palladium | −0.96% |
| Agriculture | |
| Corn | −0.98% |
| Soybeans | +0.36% |
| Wheat | +0.04% |
| Cotton | −0.56% |
| Sugar | +0.65% |
| Coffee | −2.06% |
| Cocoa | −0.39% |
| Livestock | |
| Lean Hogs | +0.04% |
| Live Cattle | +0.03% |
| US dollar index | |
| Dollar index (DXY) | +0.14% |
Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.