Oil Surges as Middle East Supply Fears Push Brent Near $110 and WTI Above $100 – Both Post Strong Weekly Gains

EnergyNow Friday Oil Price Report Report Date & Time: October 16, 2026 – 3:05 p.m. MDT – Using Trading View Contract References and Official Settlement Prices See Up-To-Date Prices Here Summary WTI crude settled Friday at US$101.41 per barrel, up US$3.44, or 3.51%, from Thursday’s $97.97 settlement. Compared with last Friday’s $91.85 close, WTI gained … Read more