Daily Market Updates: U.S. oil surges to top $109, Brent crude at five-month high amid Mideast tensions

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At close · Thu, Oct 8, 2026

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U.S. oil surges to top $109, Brent crude at five-month high amid Mideast tensions

Reported · Written up by our desk · Equities

Oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.

Latest closeWTI crude $91.10 ▲3.2%|Brent $103.93 ▲3.7%

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Sources

CNBC MarketsU.S. oil surges to top $109, Brent crude at five-month high amid Mideast tensions

CNBC WorldU.S. oil surges to top $109, Brent crude at five-month high amid Mideast tensions

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