Global oil prices rise 2.5% to $113 per barrel

Global oil prices rose by 2.5% to reach $113 per barrel, according to trading data released on October 30, 2026.

Brent crude futures for January delivery increased by 2.53% from the previous closing price, reaching $113.6 per barrel.

West Texas Intermediate (WTI) crude futures for December delivery also rose by 2.88%, reaching $104.94 per barrel.