Brent settled at $114.88 on October 29 2026, down 44 cents on the day as the prospect of renewed talks eased supply fears, with WTI at $102.00; it had traded between roughly $97 and $112 through October 21 and settled near $106 on October 14. Brent rose again on October 30 after a tanker in the strait was hit by explosive devices attached from a small boat, and was set to end October about 13% higher - its fourth consecutive monthly gain.