Brent tops $110 on Hormuz attacks and supply fears: Oct 17, 2026
Brent crude topped $109 per barrel for the first time since Sept. 15 and touched above $110, marking a five-month high and heading for a weekly gain. The move follows Houthi strikes and escalating attacks around Hormuz alongside Russia-Ukraine attacks, including Ukraine's vow to hit Russian refineries, lifting supply fears and putting producer cash flow and refining costs in focus.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
Headlines (8)
Carried over from earlier days
- Oil Prices Head for Weekly Gain as Hormuz Attacks Rattle MarketsOilPrice.com
- Oil heads for weekly gain with Mideast supply risksboereport.com
- Brent crude oil tops $109 per barrel for first time since September 15TASS
- Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineriesCNBC
- Oil’s $110 rally puts producer cash flow and refining costs in focusoilandgas360.com
- Oil hits $110 as Houthi strikes, Russia-Ukraine attacks lift supply fearsworldoil.com
- 360 Energy Pulse: What mattered this week in energyoilandgas360.com
- Brent hits 5-month high above $110 on continued tension in Middle EastFinancial Times
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 19 | ||
| New Home Prices m/m | CNY | |
| Fixed Asset Investment ytd/y | -7.3% | CNY |
| Retail Sales y/y | 0.5% | CNY |
| NBS Press Conference | CNY | |
| GDP q/y | 4.4% | CNY |
| Unemployment Rate | 5.3% | CNY |
| Industrial Production y/y | 5.4% | CNY |
| Median CPI y/y | 2.0% | CAD |