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Oil prices retreat from near six-month highs

Oil steady near $98, Brent posts biggest monthly gain since July
26 Oct 2026 09:23

CAPITALS (WAM)

Oil prices fell on Monday after surging to near six-month highs late last week.

US crude futures were down $2.14, or 2.07 percent, at $101.13 per barrel by 02:32 GMT.

Brent crude futures were down $2.12, or 1.82 percent, at $114.60.

Prices had settled nearly $3 higher on Friday. Brent finished the week up 6 percent and WTI ended 2.3 percent higher.
 

Source: WAM
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