Markets · Commodity markets, October 30
Oil prices rise as Iran halts tankers and a tanker burns in the Strait of Hormuz
Friday, October 30, 2026. From GEO's evening brief, after the close.
Oil prices are up today on disruption in the Strait of Hormuz. Brent rose 2.45% after Oman rescued 25 crew from a burning tanker, Al Jazeera reports, and Iran said it halted three tankers using "unauthorised routes." WTI rose 0.93%, and RBOB gasoline led refined products, up 3.00%. Metals moved the other way, with silver down 6.20% and gold down 3.63% as a Wall Street selloff triggered liquidation, per Kitco.
What moved
Change from the prior settle, at the time of the evening brief.
| Crude | |
|---|---|
| WTI | +0.93% |
| Brent | +2.45% |
| Refined | |
| RBOB | +3.00% |
| ULSD | +1.36% |
| Nat Gas | |
| Henry Hub | −2.34% |
| Metals | |
| Gold | −3.63% |
| Silver | −6.20% |
| Copper | −1.41% |
| Platinum | −3.94% |
| Palladium | −2.69% |
| Agriculture | |
| Corn | −0.83% |
| Soybeans | +0.14% |
| Wheat | −0.08% |
| Cotton | −0.76% |
| Sugar | −0.51% |
| Coffee | +0.60% |
| Cocoa | −0.04% |
| Livestock | |
| Lean Hogs | −1.38% |
| Live Cattle | −2.44% |
| US dollar index | |
| Dollar index (DXY) | −0.07% |
Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.