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Friday, October 16, 2026 · Riyadh
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Oil prices edge lower in early Friday trading

Oil prices dipped slightly in early spot trading Friday, with Brent and West Texas Intermediate futures both recording modest declines.

Ajel News44 min ago · 1 min read
Oil barrels and price chart showing slight decline

Key Takeaways

AI

Oil prices saw a slight decline in spot trading on Friday, according to global market data.

Brent crude futures fell by 41 cents, or 0.39%, to $105.51 per barrel.

Meanwhile, US West Texas Intermediate crude futures dropped 54 cents, or 0.55%, to $97.43 per barrel.

This decrease comes amid ongoing volatility in global energy markets.

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