Rebounding from the decline in yesterday's session, crude oil prices have soared on Friday as supply disruption concerns increase. Iran is yet to respond to the U.S. call for negotiations before U.S. forces start off their planned short but intense attack on Iran by next week, as suggested by several media reports.
WTI Crude Oil for December delivery was last seen trading up by $2.39 (or 2.34%) at $104.39 per barrel.
For comments and feedback contact: [email protected]
Market Analysis
October 30, 2026 14:47 ET The final week of October was busy as major central banks took the centre stage to announce their latest policy decisions, while the ECB had more revelations in store. Apart from the central bank action, the U.S. economics news flow was dominated by the third quarter GDP estimates and price data. Europe and the Asia-Pacific also saw the release of the flash estimates for third quarter economic growth from several economies during the week.