Brent Holds Around $106 on Friday and Heads for a Weekly Gain

16 October 2026 | 4 days ago

Brent crude was at $106.05 a barrel on Friday, October 16, 2026 (24 Mehr 1405), according to data source, up 0.12 percent on the previous day and 73.03 percent above a year earlier. At 14:00 the same day Mehr News Agency reported Brent futures down 0.47 percent at $105.42 and West Texas Intermediate at $97.48, so prices during the day ranged from about $105.4 to $106.

Mehr said Brent has gained 0.49 percent since the start of the week and West Texas Intermediate 5.91 percent. data source judges continuing tensions and supply disruption to outweigh the plan to release emergency reserves. It forecasts Brent at $108.60 by the end of the quarter; that is the firm's own model estimate, not a market fact.

Source:Economic data service

Brent Holds Around $106 on Friday and Heads for a Weekly Gain

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