WTI holds near $96 as Hormuz attacks lift supply fears: Oct 18, 2026
WTI held near $96 and was set for a weekly gain as attacks in the Strait of Hormuz added a risk premium to oil prices. Brent moved above $109 to $110 after Iran said two tankers caught fire after hitting mines, while Ukraine vowed to hit Russian refineries. The moves put supply fears, producer cash flow and refining costs in focus, with US energy stocks gaining as oil topped $100.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the WTI page.
Headlines (9)
First seen on October 18
Carried over from earlier days
- WTI hovers around $96.00 as Trump declines nuclear weapon use in IranFXStreet
- Oil Prices Head for Weekly Gain as Hormuz Attacks Rattle MarketsOilPrice.com
- WTI holds weekly gains near $96 amid risk premium to oil pricesFXStreet
- 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
- US energy stocks gain as oil tops $100 on supply fearsboereport.com
- Oil’s $110 rally puts producer cash flow and refining costs in focusoilandgas360.com
- Oil prices rise as Iran, proxies lash outogj.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 19 | ||
| New Home Prices m/m | CNY | |
| Retail Sales y/y | 0.5% | CNY |
| Industrial Production y/y | 5.4% | CNY |
| Fixed Asset Investment ytd/y | -7.3% | CNY |
| GDP q/y | 4.4% | CNY |
| Unemployment Rate | 5.3% | CNY |
| NBS Press Conference | CNY | |
| Foreign Direct Investment ytd/y | CNY | |