Business
Oil prices surge past $100 as Middle East supply fears mount
October 16, 2026 at 09:26 PM
Coverage
3 reports · over 4 hours
AJAl Jazeera Arabic
النفط يلامس 110 دولارات لأول مرة منذ مايو
(opens the publisher’s site)
يواليوم السابع
العقود الآجلة لخام برنت ترتفع أكثر من 3 دولارات لتتجاوز 109 دولارات للبرميل
(opens the publisher’s site)
يواليوم السابع
ارتفاع أسعار النفط.. الخام الأمريكى يتجاوز حاجز الـ100 دولار للبرميل
(opens the publisher’s site)Brent crude settled at $109.86 and US crude crossed $100 on Friday, hitting multi-month highs amid supply concerns.
- Brent futures rose 3.7% to settle at $109.86 a barrel, the highest close since May 19.
- US WTI crude settled at $101.41 a barrel, up 3.5%, its highest level since September 17.
- Iran said it is intensifying its attacks in response to the US blockade of its ports and stricter sanctions imposed last month.
- Reuters cited two industry sources saying Russia's Ryazan refinery suspended crude distillation operations after a drone attack.