COMMODITY
Crude oil futures settle higher on Friday
Oct-31-2026

Crude oil futures settled higher on Friday as traders braced for a potential escalation in the Iran war after the US midterm elections, with an attack on a tanker in the Strait of Hormuz highlighting concerns over supply disruptions.

Benchmark crude oil futures for December delivery increased by $2.12 or 2.08% to settle at $104.12 a barrel on the New York Mercantile Exchange. Brent crude for December delivery rose by $2.63 or 2.37% to settle at $113.43 a barrel on the New York Mercantile Exchange.


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